Author: Sagar
-
India: Spot trade improves on active demand in Jharkhand semis market
Jharkhand-based mills sold 2,000 t of billets in a price range of INR 47,900-48,200/t exw-Ramgarh. In addition, 1,700 t of P-DRI and 1,500 t of C-DRI (FeM 78%) deals were confirmed at INR 32,000-32,200/t and INR 34,500-34,600/t exw-Ramgarh respectively. Semis prices were supported by improved spot trades as buyers turned active in the market.