Author: Sagar
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India: Semi-finished steel offers remain stable in Jharkhand
Jharkhand-based mills sold 3,000 t of billets at INR 44,400-44,500/t exw Ramgarh, on advance payment basis. Also, 2,100 t P-DRI (FeM 78%) was sold at INR 29,800-30,000/t and 2,400 t of CDRI (mix material, FeM 78%) at INR 31,800-32,000/t exw Ramgarh. The market remained stable today even as participants are anticipating a further correction.