Sponge P-DRI (FeM 80%) prices in Karnataka’s Bellary fell by INR 200/t on 27 Jul’21. Sponge C-DRI prices, too, declined by INR 100/t in today’s trade, as per reports. Spot trading volumes remained limited, with buyers waiting for clearer market directions.
- Around 2,000 t of P-DRI deals were confirmed at INR 29,000-29,100/t against offers at INR 29,300-29,400/t exw.
- Offers for C-DRI stand at INR 29,900/t ($402) and around 500 t of deals were reported.
Leave a Reply