Author: Sagar
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India: Jharkhand mills conclude 3,300 t billet deals
Jharkhand-based steel mills sold 3,300 t of billets at a price range of INR 48,700-48,900/t exw-Ramgarh. SteelMint’s assessment for pellet-based DRI (PDRI) stands at INR 31,850/t and iron ore based DRI (CDRI), FeM 78% at INR 33,900/t exw-Ramgarh. Around 1,600 t each of PDRI and CDRI deals were confirmed.