India: Odisha sponge offers unchanged on stable demand, low supply

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SteelMint’s assessment for Rourkela sponge C-DRI (FeM 80%) remains unchanged at INR 32,500/t exw, on 5 Aug’21.
About 1,800 t of sponge C-DRI deals were confirmed in the range of INR 32,300-32,600/t exw-Rourkela, today.
Prices are stable due to decent demand and may remain supported due to low seasonal supply.

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