SteelMint

Tag: Rourkela Sponge Iron

  • India: Sponge iron prices rise marginally in Odisha

    India: Sponge iron prices rise marginally in Odisha

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    by

    Romil Sethi
    in

    Sponge iron prices in Odisha’s Rourkela rose by INR 50/t on 12 Nov’21. SteelMint’s assessment for sponge, C-DRI (70% lumps and 30% fines), stands at INR 31,500/t exw. Around 4,150 t of deals were confirmed at INR 31,400-31,800/t exw-Rourkela. Steel billet prices, which rose by INR 200/t today, kept sponge iron prices supported, SteelMint learnt…