Eastern India-based mill selling sponge iron to buyers in Raipur, Chhattisgarh

A leading mill based in eastern India has reported sponge iron, P-DRI (FeM 78%), offers at INR 41,000-41,200/t, while deals were confirmed in the opening hours today at INR 40,500-700/t on FOR Raipur basis (advance payment). Local manufacturers in Raipur have indicated offers at INR 42,500-43,000/t exw for FeM 80% material. Since yesterday very few enquiries were heard with sponge P-DRI producers in Raipur.