Author: Sagar
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India: Jharkhand mills conclude 3,000 t billet deals
Jharkhand-based steel mills sold 3,000 t of billets at a price range of INR 48,800-49,100/t exw-Ramgarh. SteelMint’s assessment for pellet-based DRI (PDRI) stands at INR 32,800/t and iron ore-based DRI (CDRI) FeM 78% at INR 34,800/t exw-Ramgarh. Around 2,000 t of PDRI and 1,600 t of CDRI deals were confirmed. Due to lack of buying…