Author: Rounak Gairarey
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India: Rungta Sponge reports decent bookings at increased offers
Eastern India based Rungta Mines’ sponge iron plant has reported active demand despite a sharp surge in prices. The supplier confirmed 3,500 t sponge iron (C-DRI) deals today. The deal price for the 78% FeM, mix material was reported at around INR 24,500/t exw Kasira, Odisha & INR 25,000/t exw Chailma, Jharkhand. As per officials,…