India: Steel mills in Jharkhand conclude 5,000 t billet deals

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Jharkhand-based steel mills sold 5,000 t of billets at a price range of INR 48,000-48,200/t exw Ramgarh.
SteelMint’s assessments for pellet-based DRI (PDRI) stands at INR 31,000-31,200/t and iron ore-based DRI (CDRI), FeM 78%, at INR 32,900-33,100/t exw Ramgarh. Around 4,000 t of PDRI and 2,600 t CDRI deals were confirmed today.

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