Sponge P-DRI (FeM 80%) prices in Karnataka’s Bellary rose by INR 250/t on 13 Jul’21. However, sponge C-DRI prices continued to stay flat in today’s trade, as per SteelMint reports.
- Around 3,500 t of P-DRI deals were confirmed at INR 28,500-28,700/t against offers at INR 28,800/t exw.
- The supply of material is majorly for the Hindupur and Hyderabad markets as well as for western India.
- Offers for C-DRI stand at INR 29,500/t ($396); around 1,500 t of deals were reported today.
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