Author: Sagar
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India: Jharkhand mills conclude over 6,000 t billet, sponge iron deals
Jharkhand-based steel mills concluded 2,700/t of billet deals in a price range of INR 47,400-47,700/t exw-Ramgarh. 2,300 t of P-DRI and 1,100 t of C-DRI (FeM 78%) deals were confirmed at INR 31,100-31,400/t and INR 33,800-34,000/t, respectively, on exw-Ramgarh basis. Buyers have booked sufficient volumes. Thus, trading activities were impacted due to lower interest from…