Sponge iron, PDRI (FeM 80%) prices in Karnataka’s Bellary rose by INR 250/t, whereas iron ore-based DRI (CDRI) prices increased by INR 300/t on 27 Jun’22.
- PDRI deals of 2,600 t were confirmed at INR 33,500/t exw as against offers at INR 33,600/t
- SteelMint’s assessment for CDRI stands at INR 33,850/t exw and around 1,700 t of deals were reported.
- Billet offers in Hyderabad increased by INR 1,000/t d-o-d.
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