Tag: C DRI
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Indian Sponge Prices Remain Firm amid Weak Demand
Indian sponge iron prices continue to remain firm. However, with falling iron ore lumps prices in domestic market, sponge iron prices may come under pressure in coming weeks. Current offers for 80 FeM sponge iron (C-DRI) are assessed at INR 13,200-13,400/MT ex-Raipur. It may be noted that Odisha based miners have reduced lumps prices upto…