Sponge iron (DRI) prices in Indian market kept unchanged with sellers prefer to wait for clear direction. Many manufacturers also claim that low production across India will support prices in near term.
Current Offers for Sponge iron across India
Raipur= Rs 20,300 (79 FeM, Basic)
Raigarh= Rs 19,100-19,300/t (79 FeM, Basic)
Rourkela= Rs 18,600/t (78 FeM, Basic)
Bellary= Rs 18,600/t (75 FeM, Basic)
Bellary(Pellet Sponge)= Rs 17,000/t (75 FeM, Basic)
Durgapur= Rs 20,400/t (79 FeM, Basic)
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