Author: Sagar
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India: Jharkhand mills conclude over 4,700 t billet, sponge iron deals
Jharkhand mills concluded 2,000 t of billet deals at INR 48,000-48,200/t exw-Ramgarh. 1,700 t of P-DRI and 1,000 t of C-DRI (FeM 78%) deals were confirmed at INR 31,800-32,000/t and INR 34,700-34,900/t exw-Ramgarh, respectively. The market remained less active than yesterday due to subdued demand. Uncertain trends forced buyers to hold their positions. Buying enquiries…