Sponge P-DRI (FeM 80%) prices in Karnataka’s Bellary moved up by INR 200/t on 12 Oct’21. However, sponge C-DRI prices continued to stay flat in today’s trade, as per SteelMint reports.
C-DRI offers stood at INR 37,400/t ($494) with around 3,100 t deals confirmed at INR 37,100-37,400/t, exw. Meanwhile, about 3,300 t of P-DRI deals were reported at INR 37,000/t against offers at INR 37,200/t, exw.
Trade volumes increased by 74% d-o-d. Most of the deals were concluded for Hindupur region.
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