Author: Manish Vasdev

P-DRI (FeM 80%) prices in Raipur dropped by INR 100/t to INR 34,100/t exw today. Prices fell owing to low demand but suppliers are optimistic about prices due to surging coal prices. A few deals were reported at INR 34,000-34,200/t against offers at INR 34,000-34,400/t on exw and FOR Raipur basis. In the last two…