Author: Lalita

India: Sponge iron prices rebound in Dec’21 on rising coal prices

Jan 15, 2022

—

by

Lalita

in Sponge Iron

Domestic sponge iron (P-DRI and C-DRI) prices rebounded across markets in Dec’21 backed by a sharp rise in coal prices. Prices in different regions Raipur: Sponge P-DRI (lumps, FeM 80% +/-1) prices in Raipur, Chhattisgarh rose by around INR 2,050/t on the month to INR 30,950/t on exw basis. Prices of C-DRI (mix of 50%…