Raipur sponge P-DRI (FeM 80%) prices are at INR 30,600/t exw, up INR 100/t. Prices continued to rise on active demand, with expectation of a surge in prices.
- 4,000 t P-DRI deals were confirmed at INR 30,500-30,700/t as against offers of INR 30,600-30,700/t on exw and FOR Raipur basis.
- Indicative price for DR CLO grade sponge is assessed at INR 33,600-33,700/t exw.
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