Author: Sagar
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India: Jharkhand mills conclude 6,000 t billets, sponge iron deals
Jharkhand-based mills concluded 2,000 t of billet deals in a price range of INR 46,700-46,900/t exw-Ramgarh. 2,600 t of P-DRI and 1,400 t of C-DRI (FeM 78%) deals were confirmed at INR 30,800-31,000/t and INR 33,600-33,800/t exw respectively. Trading activity picked up as the sentiments turned positive in Mandi Gobindgarh market in the second half.