Sponge P-DRI (FeM 80%) prices in Karnataka’s Bellary drifted upwards by INR 100/t on 5 Aug’21, as per reports. Sponge C-DRI prices rose by INR 150/t in today’s trade.
- As per reports, current offers for sponge C-DRI are at INR 31,000/t ($418/t). A few bids, however, have been reported at INR 30,900/t exw-Bellary.
- About 2,000 t of P-DRI deals were confirmed at INR 29,400-29,700/t against offers at INR 29,600-29,800/t exw. Most of the deals concluded were for Maharashtra.
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