- SteelMint’s price assessment for sponge P-DRI (FeM 80%) rose by INR 500/t to INR 31,700/t exw Raipur. With decline in offers, demand improved, resulting in slightly relieving the selling pressure on a few manufacturers.
- About 8,100 t of deals for FeM 80% material were reported at a price range of INR 31,300-31,800/t on exw and DAP basis, while about 1,200 t of FeM 78% P-DRI deals were reported at INR 31,300/t DAP Raipur.
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