Tag: India’s Sponge Iron and Pig Iron Price Spreads Hit All Time High

India’s Sponge Iron and Pig Iron Price Spreads Hit All Time High

Apr 13, 2022

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by

Shubham

in Sponge Iron

The price gap between Indian domestic pig iron and sponge iron has continued to widen lately and has now reached unusual levels. SteelMint’s assessment on 11 April 2022 reveals that domestic sponge iron (P-DRI) prices stood at INR 34,150/tonne (t) DAP (delivered at plant) Durgapur and those of pig iron (steel grade) at INR 56,300/t…