Intel Details

India: Sponge iron prices fall by INR 300/t in Odisha

Sponge Iron
6 Oct 2021, 18:12 IST
Steel Mint Intel

SteelMint's assessment for sponge C-DRI (FeM 80%, mix material) stands at INR 35,150/t exw-Rourkela, a decrease of INR 300/t. A total of 700 t of deals were confirmed at INR 35,000-35,200/t exw. Most sponge iron manufacturers were heard to have closed sales on falling prices, opting to wait and see instead amidst high coal prices, as per sources.

6 Oct 2021, 18:12 IST
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