Author: Rounak Gairarey

JSW Steel, India’s largest private steel producer has reduced its gas based DRI (sponge iron) offers by around INR 750/MT (USD 11) for Oct’19 deliveries, sources closed with the company reported. SteelMint learned that, the fresh offers for Oct’19 is about INR 17,500/MT (USD 246), which was at INR 18,250/MT (USD 257) in Sep’19, ex-works,…