- PDRI (FeM 80%) deals for 2,800 t were concluded at INR 31,800-31,900/t exw in Bellary, while offers rose by up to INR 250/t.
- Iron ore-based CDRI offers increased by INR 300/t and around 4,600 t deals were concluded between INR 33,100-33,400/t exw.
- Mismatch in supply-demand led to the surge in offers. A major manufacturer has halted supply due to captive consumption, as per sources.
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