Tag: C DRI
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Sponge Makers in East India reduce offers
Sponge iron prices in eastern region have corrected further by INR 200-300/MT owing to low buying interest from Ingot/Billet manufacturers. C-DRI offers in the domestic market are hovering in the range of INR 19,000-21,000/MT ex-works for 78-79 FeM grade. There is some respite for Sponge units based in Chhattisgarh after NMDC reduced Iron ore prices…