India: Jharkhand semi-finished market sees improved trade at increased offers

  • Jharkhand-based steel mills sold around 4,600 t of billets at a price range of INR 44,800-45,100/t out of which 1,000 t low carbon billet deals were concluded at INR 45,500/t and INR 46,000/t on exw Ramgarh basis.
  • Moreover, 2,700 t P-DRI (FeM 78%) deals were confirmed at INR 29,400-29,700/t and about 1,200 t C-DRI (FeM 78%/mixed) deals were concluded at INR 31,500-31,700/t exw-Ramgarh.

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