Author: Sagar
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India: Jharkhand mills conclude around 3,000 t billets, sponge iron deals
Jharkhand-based mid sized steel mills sold 1,100 t of billets and 1,800 t of P-DRI (FeM 78%) in a price range of INR 47,500-47,700/t and INR 31,500-31,700/t respectively, on exw-Ramgarh basis. Buyers turned cautious due to sluggish market sentiments, resulting in limited enquiries..