- Sponge iron P-DRI (FeM 80%) prices in Bellary rose by INR 300/t on 28 June’22. Around 3,000 t of deals were confirmed at INR 33,700-33,800/t exw against offers at INR 34,000/t exw.
- Lump-based DRI (CDRI) prices increased by INR 200/t. 1,300 t deals were reported at INR 33,800-34,000/t exw.
- Prices remained supported on the back of higher coal prices amidst bullish trends on rising domestic billet prices.
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