Sponge P-DRI (FeM 80%) prices in Karnataka’s Bellary fell by INR 500/t, while C-DRI prices declined by INR 200/t. C-DRI stands at INR 33,800/t ($453). A few bids have been reported at around INR 33,500/t and around 2,600 t of deals were confirmed at INR 33,800-34,000/t exw-Bellary. In all, 1,100 t of P-DRI deals were confirmed at INR 32,800/t against offers at INR 33,000/t exw.
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