Intel Details

India: Raipur sponge iron trading improves on lower offers

Sponge Iron
22 Oct 2021, 19:19 IST
Steel Mint Intel

P-DRI (FeM 80%) prices in Raipur dropped by INR 400/t to INR 34,000/t exw today. Falling prices led to improvement in trades.

  • Deals were reported at INR 33,500-34,000/t as against offers at INR 34,000-34,500/t on exw and FOR Raipur basis.
  • A majority of the deals were reported at around INR 33,500-33,800/t exw. However, the suppliers were later unavailable at these bids.

22 Oct 2021, 19:19 IST
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