Author: Sagar
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India: Jharkhand mills conclude over 4,000 t of billets, sponge iron deals
Jharkhand-based steel mills sold 1,300 t of billets in a price range of INR 47,000-47,200/t exw-Ramgarh. 1,550 t of P-DRI and 1,200 t of C-DRI (FeM 78%) deals were confirmed at INR 32,000-32,300/t and INR 34,200-34,400/t exw-Ramgarh respectively. The market remained less active today with below than average trades on account of Ganesh Chaturthi festival.