India: About 8,000 t of sponge iron traded in Raipur

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SteelMint’s price assessment for sponge P-DRI (FeM 80%) in Raipur fell by INR 250/t to INR 32,200/t exw.
8,200 t of FeM 78-80% P-DRI deals were recorded today, 55% of which were concluded by Odisha- and Raigarh-based plants.
FeM 78% P-DRI was traded at INR 31,500-31,700/t DAP Raipur, and FeM 79-80% material was booked at INR 32,100-32,300/t on exw and DAP Raipur basis.

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