India’s domestic DRI prices firm up slightly

Tuesday, 06 March 2018 21:56:09 (GMT+3)   |   San Diego
       

On February 27, SteelOrbis reported domestic DRI prices in India softening to INR 19,900-20,000/mt ($305-307/mt) ex-warehouse Raipur.

Sources inform SteelOrbis that domestic DRI prices are now slightly firmer at INR 20,100-20,300/mt ($310-313/mt) ex-warehouse Raipur. In dollar terms, prices increased $5/mt from the bottom of the previous range and $6/mt from the top of the same range.

USD = INR 65.14 (Feb 27)

USD = INR 64.86 (Mar 6)


Similar articles

Philadelphia P&S dock delivered scrap prices

10 Jul | Scrap & Raw Materials

Indian integrated steelmaker Shri Bajrang to raise $30 million to fund brownfield expansion

26 Nov | Steel News

Indian sponge iron output growth to switch to negative in Q3 FY 2021-22 from coal shortage

18 Oct | Steel News

Bolivia’s ESM resumes construction works following 15-month delay

22 Jun | Steel News

Mills in Chhattisgarh seek invocation of pre-emption rights to prevent iron ore leaving the state

18 Jun | Steel News

Odisha sponge iron plants seek government intervention to mitigate iron ore shortage, spiralling prices

03 Jun | Steel News

Bolivia’s ESM to resume construction works by March

23 Feb | Steel News

Indian sponge iron producers seek export duty for iron ore pellets

21 Jul | Steel News

Ex-India DRI offer to Bangladesh down

01 Aug | Scrap & Raw Materials

India’s domestic DRI prices trend up

18 Jul | Scrap & Raw Materials