Steel Market Pricing — Updated 17 July 2026

Sponge Iron (DRI) Price Today in India — Rotary Kiln & Tunnel Kiln DRI Rate per MT

Get today's Sponge Iron (DRI) price in India. Tunnel Kiln and Rotary Kiln DRI rates per MT from Raipur, Chhattisgarh — the largest DRI producing region in India.

⚠️ Prices shown are indicative market ranges. Contact us for today's exact rate. 📞 Get Today's Rate
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Sponge Iron (DRI) Price in India — Market Overview

Chhattisgarh is the undisputed capital of India's sponge iron (Direct Reduced Iron / DRI) industry, accounting for nearly 40% of national DRI production. With over 200 rotary kiln sponge iron plants concentrated around Raipur, Raigarh, and Bilaspur, the state is the primary supplier of DRI to induction furnace steel makers across India. RLG Ispat, headquartered in Raipur, is ideally positioned to supply sponge iron from the source — connecting buyers in Gujarat, Maharashtra, Rajasthan, Andhra Pradesh, and Tamil Nadu with competitive ex-plant pricing from Chhattisgarh.

What Determines Sponge Iron (DRI) Price?

1
Iron Ore Price (Pellet / Lump) Iron ore is the primary raw material for DRI — pellet and lump ore price movements directly drive sponge iron rates within days.
2
Coal Price (Non-Coking) Rotary kiln DRI requires 1.1–1.4 MT of non-coking coal per MT of DRI output — coal price swings have an outsized impact on DRI cost.
3
DRI Type (Rotary Kiln vs Tunnel Kiln) Tunnel Kiln DRI (using coal fines) is often slightly cheaper than Rotary Kiln but has different metallization characteristics.
4
Fe Content (80% vs 88%) Higher metallization / Fe content DRI (86–90%) commands a premium over standard (80–84%) as it improves furnace yield significantly.
5
Scrap Price (Substitute Effect) When scrap prices rise, DRI demand and prices increase as furnace operators substitute scrap with DRI as a cleaner iron source.
6
Freight from Raipur / Raigarh DRI is bulky and freight is significant. Raipur to Gujarat is ~₹2,500–₹3,200/MT. Raipur to Rajasthan ~₹2,200–₹2,800/MT.

Get Today's Sponge Iron (DRI) Rate

Prices updated market-basis. Call or WhatsApp for today's confirmed ex-Raipur and delivered rates for your city.

Price Disclaimer

Prices shown are indicative market reference ranges based on prevailing conditions. Actual prices depend on quantity, grade, delivery location, and payment terms. Prices marked * are exclusive of freight and GST (18%).

Sponge Iron (DRI) Price — Grade & Size Wise

*Indicative ranges — Ex-Raipur, excluding freight and GST. Valid for reference only. Call for confirmed pricing.

Last updated: 17 July 2026

Grade / Section Standard Reference Price Range (Ex-Raipur)* Best For
Rotary Kiln DRI (Standard, Fe 80–84%) Fe content 80–84%, S < 0.05% ₹22,000–₹32,000/MT* Standard induction furnace steelmaking as part of DRI+scrap charge mix.
Rotary Kiln DRI (High Met, Fe 85–88%) Fe content 85–88%, high metallization ₹25,000–₹35,000/MT* Steel quality improvement applications where higher metallization reduces yield loss in the furnace.
Tunnel Kiln DRI (Fe 80–86%) Fe content 80–86%, coal fines based ₹21,000–₹30,000/MT* Cost-sensitive induction furnace steelmaking where slightly lower metallization is acceptable.
Cold Briquetted Iron (CBI) Fe 90%+, briquetted ₹28,000–₹38,000/MT* Cleaner charge for EAF and BOF operations; reduces revert losses and improves yield.

*All prices in Indian Rupees (₹) per Metric Tonne (MT). Exclusive of freight and 18% GST. Contact +91 7587051838 for confirmed current pricing.

How to Calculate Sponge Iron (DRI) Weight & Cost

Use this step-by-step calculation to estimate your sponge iron (dri) requirement and budgeted material cost.

1
DRI is sold by MT (metric tonne)
No conversion needed — all DRI pricing is per MT delivered
2
Theoretical yield from DRI to steel
Approx. 1.08–1.12 MT DRI required per MT of billet produced (depending on metallization)
3
Cost per MT billet from DRI
If DRI = ₹27,000/MT, yield ratio 1.10 → DRI cost component = ₹29,700/MT billet
4
Add coal, power, and conversion costs
Total induction furnace cost of production typically ₹35,000–₹42,000/MT billet for DRI-based units
Use Steel Weight Calculator →

Sponge Iron (DRI) Procurement Tips from Industry Experts

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Always specify the minimum Fe content (metallization) in your purchase order — a 2% difference in metallization translates to significant yield loss in the furnace.

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Request sulphur content certificate — DRI with S > 0.05% can lead to hot shortness in steel and is detrimental to steel quality.

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Visit the DRI plant or insist on independent sampling by a third party before dispatch for large orders — DRI quality can vary batch by batch.

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Compare FOB-plant (ex-plant) prices and calculate delivered cost yourself — Raipur's lower ex-plant DRI prices often remain competitive even after freight to distant locations.

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Monsoon months (July–September) sometimes see softer DRI prices as steel demand slows — a good time to build inventory if you have covered storage.

Sponge Iron (DRI) Price FAQs

Q. What is today's sponge iron price per MT in India?

Sponge Iron (DRI) prices in India currently range from ₹22,000–₹35,000 per MT depending on Fe content, kiln type, and market conditions. Call RLG Ispat at +91 7587051838 for today's exact Raipur ex-plant rate.

Q. What is the difference between Rotary Kiln and Tunnel Kiln DRI?

Rotary Kiln DRI uses lump iron ore and non-coking coal in a rotating kiln — the most common process in India. Tunnel Kiln DRI uses iron ore fines and coal fines — slightly lower metallization but uses cheaper inputs. Both are suitable for induction furnace steelmaking.

Q. Why is Raipur the cheapest source for sponge iron in India?

Chhattisgarh has three structural cost advantages: cheap coal (local production), iron ore availability, and over 200 DRI producers creating intense competition. Ex-plant DRI from Raipur is typically 8–15% cheaper than secondary markets in Gujarat or Rajasthan before freight.

Q. What is the minimum order quantity for sponge iron from RLG Ispat?

Standard minimum is 20 MT (one truck load) ex-Raipur. For long-distance deliveries, full rake (2,800 MT) or partial rake options via rail are also available for large buyers.

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