Author: Sagar
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India: Jharkhand mills conclude over 5,500 t billets, sponge iron deals
Jharkhand-based steel mills sold 2,300 t of billets in a price range of INR 47,600-47,800/t exw-Ramgarh. 3,500 t of P-DRI deals were confirmed at INR 32,000-32,300/t exw of which 2,500 t were sold by a Jamshedpur-based mill. Overall spot trading remained moderate. Although sellers tried to hike semis offers following price recovery in Mandi market,…