Tag: Sponge Iron

  • India: Jharkhand mills conclude over 5,000 t billet, sponge iron deals

    India: Jharkhand mills conclude over 5,000 t billet, sponge iron deals

    Jharkhand-based steel mills concluded 1,500 t of billet deals in the range of INR 46,500-46,600/t exw-Ramgarh. 2,400 t of P-DRI and 1,300 t of C-DRI (FeM 78%) deals were confirmed at INR 30,500-30,800/t and INR 33,200-33,400/t exw-Ramgarh, respectively. Average transactions took place as buyers remained quiet and preferred to wait and watch until Chhat Puja…