Author: Rounak Gairarey

JSW Steel, India’s largest private steel producer has increased its gas based DRI (sponge iron) offers by around INR 750/MT (USD 11) for Sep’19 deliveries, SteelMint learned from trade participants. The current offers for FeM 80-82 DRI are reported at INR 18,250/MT (USD 254), which was at INR 17,500/MT (USD 243) in Aug’19. The material…