- Sponge iron PDRI (FeM 80%) offers decreased marginally by INR 100/t, and 7300 t of deals were concluded between INR 29,300-29,400/t exw on 16 Dec’22.
- Iron ore lump-based DRI (CDRI) prices inched down by INR 50/t & around 4500 t of deals were confirmed at INR 30,300-30,500/t exw.
- Sponge iron prices increased as market activity improved after the second half today.
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