Pellet sponge (P-DRI, FeM 80%) prices in Karnataka’s Bellary moved up by INR 300/t on 15 Jul’21. Slight improvements were also observed in sponge C-DRI prices, which went up by INR 50/t in today’s trade.
- About 1,900 t of P-DRI deals were confirmed at INR 28,500-28,700/t against offers at INR 28,800/t exw. Most of the deals concluded were for Hyderabad and Wada in Maharashtra.
- A few bids for sponge C-DRI were reported at INR 29,000/t as against offers at INR 29,300/t ($393) exw-Bellary.
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