Sponge iron (DRI) prices in Indian market kept same on Tuesday morning, as most of plants still operating below capacity said industry sources. Manufacturers believe prices are at bottom looking at disturbed supply of iron ore in the country.
Current Offers for Sponge iron across India
Raipur= Rs 20,000 (79 FeM, Basic)
Raigarh= Rs 19,100-19,300/t (79 FeM, Basic)
Rourkela= Rs 18,500/t (78 FeM, Basic)
Bellary= Rs 18,600/t (75 FeM, Basic)
Bellary(Pellet Sponge)= Rs 17,000/t (75 FeM, Basic)
Durgapur= Rs 22,900/t (79 FeM, Incld All)
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