Intel Details

India: Semi-finished steel price movements slow down in Jharkhand

Semi Finished
4 May 2022, 18:59 IST
Steel Mint Intel

  • Jharkhand-based steel mills concluded deals for around 1,500 t of billets at a price range of INR 53,800-54,000/t exw Ramgarh.
  • Also, 2,000 t of sponge iron deals have been confirmed, out of which 1,100 t PDRI was sold at INR 34,700-35,000/t and 900 t CDRI at INR 36,700-36,800/t exw Ramgarh.
  • Moderate trade activities took place due to the continuous fall in prices. Low sales of finished steel impacted semi-finished steel price movements.

4 May 2022, 18:59 IST
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