Sponge iron prices in Odisha’s Rourkela went up by INR 50/t on 29 Oct’21 despite limited buying interest, as per latest reports. Steel billet prices also increased by INR 200/t, d-o-d, exw-Rourkela.
- SteelMint’s assessment for sponge C-DRI (70:30, mix material) stands at INR 34,750/t ($464/t) on 29 Oct’21.
- About 1,770 t of deals were confirmed at INR 34,700-35,000/t exw-Rourkela today.
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