India: Spot trade improves on active demand in Jharkhand semis market

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Jharkhand-based mills sold 2,000 t of billets in a price range of INR 47,900-48,200/t exw-Ramgarh.
In addition, 1,700 t of P-DRI and 1,500 t of C-DRI (FeM 78%) deals were confirmed at INR 32,000-32,200/t and INR 34,500-34,600/t exw-Ramgarh respectively.
Semis prices were supported by improved spot trades as buyers turned active in the market.

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