Sponge iron, P-DRI (FeM 80%), prices in Karnataka’s Bellary rose by INR 200/t, while C-DRI prices climbed INR 300/t on 13 Jan’22.
- 4,100 t of P-DRI deals were confirmed at INR 31,000-31,200/t against offers at INR 31,300/t exw. Meanwhile, offers for C-DRI were at INR 32,200/t ($435/t) and 2,350 t of deals were reported.
- Mill owners continues to kept prices strong as sufficient order in hand for the next couple of weeks.
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