India: Jharkhand mills conclude around 9,000 t billets, sponge iron deals

—

Jharkhand-based mills concluded over 3,300 t of billets deals in a price range of INR 47,200-47,500/t exw-Ramgarh.
3,450 t of P-DRI and 2,100 t of C-DRI (FeM 78%) deals were confirmed at INR 31,200-31,400/t and INR 34,000-34,200/t exw respectively.
An increase in offers in Mandi Gobindgarh turned market sentiments positive, resulting in sellers pushing up their offers and buyers turning active.

Comments