Sponge iron, PDRI (FeM 80%) and CDRI, prices in Bellary increased by INR 500/t on 6 May 2022.
- About 4,000 t of PDRI deals were confirmed at 36,500-36,600/t exw against offers at INR 36,800/t exw.
- CDRI deals of 2,600 t were reported at INR 37,200-37,500/t exw.
- Higher coal offers at ports lead to increase in sponge offers today amid surge in Hyderabad Billet offers by INR 1,000/t, d-o-d.
Leave a Reply