Sponge iron prices in Odisha’s Rourkela remained unchanged on 4 Aug’21. Current offers for sponge C-DRI (FeM 80%) stand at INR 32,500/t ($437) exw-Rourkela. Around 3,100 t of deals were reported at INR 32,300-32,500/t. The plants are maintaining offers firm in line with sufficient orders in hand for the next couple of weeks, SteelMint notes.
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