India: Jharkhand mills conclude 2,000 t billet deals

  • Jharkhand-based steel mills sold 2,000 t of billets at a price range of INR 54,700-55,000/t exw out of which 1,000 t was sold to Patna with road freight at around INR 900/t.
  • SteelMint’s assessment for pellet-based DRI (PDRI) stands at INR 35,100/t exw and iron ore based DRI (CDRI), FeM 78% at INR 37,100/t exw. Around 1,400 t of PDRI and 1,200 t CDRI deals were confirmed.

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