Sponge iron (DRI) prices in Indian market held firm, market brokers do not see prices swinging either way on restricted supply of iron ore in the country and rising imported scrap offers to Indian market.
Current Offers for Sponge iron across India
Raipur= Rs 20,800 (79 FeM, Basic)
Raigarh= Rs 20,100/t (79 FeM, Basic)
Rourkela= Rs 19,100/t (78 FeM, Basic)
Bellary= Rs 18,700/t (75 FeM, Basic)
Bellary(Pellet Sponge)= Rs 17,300/t (75 FeM, Basic)
Durgapur= Rs 24,000/t (79 FeM, Incld All)
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