- Pellet-based DRI (P-DRI, FeM 80%) prices rose by INR 400/t to INR 34,800/t exw Raipur today.
- 5,200 t of P-DRI (FeM 79-80%) deals were reported at INR 34,400-34,800/t on exw and DAP Raipur basis.
- Further hike in prices is unlikely as enquiries remain limited on rising prices. Also, billet prices have declined in late hours on limited enquiries, SteelMint notes.
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