P-DRI (FeM 80%) prices in Raipur dropped by INR 400/t to INR 33,400/t exw today. Prices remain under pressure due to limited demand, improving supplies and falling pellet and coal prices.
- About 3,000 t deals were reported at INR 33,300-33,500/t as against offers at INR 33,500-33,800/t on exw and FOR Raipur basis.
- A majority of the bids were reported at around INR 33,000-33,200/t exw.
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