Intel Details

India: About 5,000 t of sponge iron sold in Raipur, Chhattisgarh

Sponge Iron
12 May 2022, 19:22 IST
Steel Mint Intel

  • SteelMint's price assessment for sponge P-DRI (FeM 80%) rose by INR 200/t to INR 34,600/t exw Raipur. Prices recovered slightly on improved bids and price recovery in billets.
  • About 3,550 t of deals for FeM 80% material were reported at around INR 34,400-34,900/t, with a majority of deals recorded at INR 34,400-34,600/t exw & DAP Raipur, while about 1,300 t of FeM 78% P-DRI deals were reported at INR 34,000-34,300/t DAP Raipur.

12 May 2022, 19:22 IST
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