Pellet-based sponge iron, P-DRI, prices in Karnataka’s Bellary stayed stable today at 32,450/t and prices of iron ore-based material, CDRI (FeM 80%), were also recorded as stable.
- Around 4,100 t of P-DRI deals were confirmed at INR 32,400-32,500/t against offers at INR 32,700/t exw.
- SteelMint’s assessment for C-DRI is at INR 33,000/t ($442/t) and 2,000 t of deals were reported today.
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