Author: Sagar
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India: Jharkhand mills conclude 8,000 t billet, sponge iron deals
Jharkhand-based steel mills concluded 2,200 t of billet deals in a price range of INR 48,000-48,300/t exw-Ramgarh. 4,200 t of P-DRI and 1,600 t of C-DRI (FeM 78%) deals were confirmed at INR 31,500-31,800/t and INR 34,000-34,200/t exw-Ramgarh respectively. Sellers raised offers on account of active demand in the region. Transactions were mostly recorded from…