India: Trade improves in Jharkhand semis market, prices continue trending lower

  • Jharkhand-based steel mills concluded over 2,000 t of billet deals in a price range of INR 47,000-47,200/t exw-Ramgarh.
  • 2,500 t of P-DRI and 1,300 t of C-DRI (FeM 78%) deals were confirmed at INR 31,100-31,300/t and INR 34,000-34,100/t exw respectively.
  • The market continued to witness downward price trend. However, transactions were comparatively better than yesterday, SteelMint notes.

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