India: Jharkhand-based mills conclude 3,000 t billets, sponge P-DRI deals

Ramgarh-based steel mills concluded around 3,000 t of billets and pellet-based sponge iron deals each at INR 42,400-42,500/t and INR 28,300-28,500/t respectively on exw basis, with 100% advance payment condition. Out of this, 1,500 t of billets were sold in Patna with a freight cost of INR 800/t.