Author: Rounak Gairarey

Sponge iron (P-DRI) prices in Bellary fell by INR 1,250/t to INR 25,000/t exw in the last two weeks, as per SteelMint assessment. Officials from BMM Ispat, one of the major sponge producers said that the prices declined due to an increase in scrap supply from Indian Railways followed by a decrease in billet prices…