Pellet-based DRI (P-DRI, FeM 80%) prices rose by INR 100/t to INR 32,100/t exw Raipur today, as per SteelMint’s assessment. Prices continued to remain strong on slight supply shortage, active demand and rising billet prices.
6,500 t of P-DRI (FeM 79-80%) deals were reported at INR 31,900-32,100/t versus offers at INR 32,000-32,400/t on exw and DAP Raipur basis.
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