Sponge iron, C-DRI (FeM 80%), prices in Bellary declined by INR 200/t on 12 Nov’21. However, sponge iron, P-DRI, prices stayed flat in today’s trade, as per reports.
- SteelMint’s assessment for C-DRI stands at INR 32,000/t ($430/t) and around 700 t of deals were reported.
- Around 900 t of P-DRI deals were confirmed at INR 30,500-30,700/t against offers at INR 30,800-31,000/t exw.

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