Sponge C-DRI (FeM 80%) prices in Karnataka’s Bellary are up slightly by INR 50/t; however, sponge P-DRI prices continued to stay flat in today’s trade.
- About 1,600 t of PDRI deals were confirmed at INR 37,800-38,000/t exw.
- 1,200 t of CDRI deals were reported at INR 39,000-39,100/t exw.
- Demand remains subdued as major participants are waiting for clearer direction for taking positions.
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