Pellet-based sponge iron, P-DRI (FeM 80%), prices in Karnataka’s Bellary declined by INR 200/t, whereas prices of iron ore lump-based material, C-DRI, fell by INR 100/t on 25 Nov’21, as per SteelMint assessment.
- Around 4,500 t of P-DRI deals were confirmed at INR 28,500-29,000/t against offers at INR 29,000/t exw.
- SteelMint’s assessment for C-DRI stands at INR 30,100/t ($404/t). Around 1,500 t of deals were reported.
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