Author: Sagar
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India: Jharkhand mills conclude around 9,000 t billets, sponge iron deals
Jharkhand-based mills concluded over 3,300 t of billets deals in a price range of INR 47,200-47,500/t exw-Ramgarh. 3,450 t of P-DRI and 2,100 t of C-DRI (FeM 78%) deals were confirmed at INR 31,200-31,400/t and INR 34,000-34,200/t exw respectively. An increase in offers in Mandi Gobindgarh turned market sentiments positive, resulting in sellers pushing up…