Tag: C DRI

Indian Sponge iron market gained some momentum this week owing to increase in Billet prices and improved demand. Current prices for Sponge iron (C-DRI) are assessed at INR 18,800-19,200/MT (FeM 80, lumps 100%) and Pellet Sponge (P-DRI) at INR 17,100-17,300/MT (Ex- Raipur). Although the production of C-DRI in West Bengal is limited, manufacturers are offering…