On March 13, SteelOrbis reported Indian domestic DRI prices down at INR 19,000-19,400/mt ($273-279/mt) ex-Raipur.
Sources inform SteelOrbis that DRI offer prices have since ticked down and are now reportedly at INR 18,500-18,900/mt ($267-272/mt) ex-Raipur, down $6/mt from the bottom of the previous range and down $7/mt from the top of the same range.
USD = INR 70.08 (Mar 6)
USD = INR 69.36 (Mar 14)