Author: Sagar
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India: Jharkhand mills conclude 6,800 t billets, sponge iron deals
Jharkhand-based steel mills concluded 2,700 t of billet deals in a price range of INR 47,700-48,000/t exw-Ramgarh. 2,600 t of P-DRI and 1,500 t of C-DRI (FeM 78%) deals were confirmed at INR 31,700-32,000/t and INR 34,300-34,500/t exw respectively. The market saw active buying especially from Rajasthan and Punjab.