- SteelMint’s price assessment for sponge P-DRI (FeM 80%) inched up by INR 100/t to INR 31,000/t exw-Raipur. Amid a slight price fluctuation, major buyers have resumed purchases resulting in active spot trades today. However, a further rise in offers is less likely as raw materials prices remain under pressure.
- About 7,000 t of deals for FeM 80% P-DRI were reported at a price range of INR 30,900-31,100/t on exw & DAP basis, while about 1,300 t of FeM 78% P-DRI deals were reported at INR 30,500-31,000/t DAP Raipur.
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