Author: Sagar
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India: Jharkhand mills conclude 6,500 t billets, sponge iron deals
Jharkhand-based steel mills sold around 2,500 t of billets at a price range of INR 48,500-48,700/t exw-Ramgarh. Moreover, 1,800 t of P-DRI and 2,200 t of C-DRI (FeM 78%) deals were confirmed at INR 33,300-33,500/t and INR 35,300-35,500/t exw-Ramgarh respectively. Trades improved marginally during the first half of the day following the hike in semis…