Pellet-based sponge iron (FeM 80%) prices in Karnataka’s Bellary dipped by INR 200/t while lumps-based DRI (CDRI) prices declined by INR 250/t on 25 Aug.
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- PDRI deals of 6,150 t were concluded between INR 33,500-33,800/t exw against offer at INR 34,000/t exw.
- CDRI prices stand at INR 34,800/t exw and around 1,900 t deals were concluded at INR 34,700-34,900/t exw.
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