Tag: P DRI

Sponge iron prices in Indian domestic market moved down by INR 200-300/MT largely due to production cut by Induction furnaces. Current offers in Raipur are at INR 20,200-20,400/MT for 79-80 FeM Sponge Iron (C-DRI) and INR 18,500/MT for Pellet Sponge (P-DRI). Key Highlights Sponge iron prices down on account of production cut by Induction furnaces…