India Imported DRI From Iran Concern For Domestic Producers
Indian steelmakers are increasingly turning to imports of Iran origin Hot Briquetted Iron (HBI) - DRI, currently priced at $280–$285 per tonne CFR West Coast India. This shift is driven by the competitive pricing advantage offered by Iranian suppliers, who have surplus DRI capacity and are eager to regain market share in India’s rapidly growing steel sector.
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