Author: Sagar
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India: Jharkhand mills conclude 5,200 t billets, sponge iron deals
Jharkhand-based steel mills sold 2,000 t of billets at a price range of INR 50,100-50,400/t exw-Ramgarh. SteelMint’s assessment for pellet-based DRI (PDRI) stands at INR 33,300/t and iron ore-based DRI (CDRI), FeM 78% at INR 35,300/t exw-Ramgarh. Around 1,500 t of PDRI and 1,700 t of CDRI deals were confirmed today.