- Sponge iron (FeM 80%) PDRI prices in Bellary inched down by INR 100/t d-o-d today. About 3,600 t of deals were confirmed between INR 31,000-31,200/t exw.
- Lump-based DRI (CDRI) prices decreased by INR 50/t. 3,550 t of deals were concluded at INR 32,200-32,400/t exw.
- The market saw a recovery in sponge iron demand. However, offers remained volatile throughout the day.
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