A couple of major sponge iron producers in Raipur (central India) have concluded deals of around 4,000-4,500 t pellet sponge (P-DRI) deals at INR 16,200-300/t ex-plant. As per trade sources, demand continued to remain strong at prevailing offers, however few other major suppliers are holding sales & eyeing to deal at INR 16,400-500/t ex-plant due to sufficient orders in hand.
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