India: Jharkhand mills conclude 5,100 t of billets, sponge iron deals

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Jharkhand-based steel mills concluded 1,600 t of billets deals in a price range of INR 44,200-44,500/t exw Ramgarh.
2,400 t of P-DRI and 1,100 t of C-DRI (FeM 78%) deals were confirmed at INR 29,300-29,600/t, and INR 32,000-32,200/t exw Ramgarh, respectively.
Semi-finished prices remained stable in the region. However, market got a little push due to which average trades were noticed in the second half.

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