On July 26, SteelOrbis reported Indian domestic DRI prices trending at INR 19,800/mt ($288/mt) ex-warehouse Raipur (central east India).
Sources inform SteelOrbis that prices in the same region are now reportedly at INR 21,000-21,800/mt ($306-318/mt) ex-warehouse Raipur. Prices increased $18-29/mt compared to two weeks ago.
USD = INR 68.69 (Jul 26)
USD = INR 68.64 (Aug 7)