Sponge P-DRI (FeM 80%) prices in Karnataka’s Bellary increased by INR 200/t on 16 Sep’21. Inline improvement in sponge prices was also seen by around INR 100/t in today’s trade. C-DRI prices stand at INR 30,900/t ($420) and around 700 t deals were reported. Moreover, about 1,400 t of P-DRI deals were confirmed at INR 30,100-30,300/t against offers at INR 30,500/t, exw.
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