- Sponge iron (PDRI, FeM 80%) prices edged down by INR 200/t to INR 31,200/t exw on 4 Nov’22. Around 2,100 t of deals were concluded between INR 30,900-31,100/t exw.
- Iron ore lump-based DRI (CDRI) prices dropped by INR 500/t. Around 3,100 t of deals were confirmed between INR 32,400-32,800/t exw.
- Lower bids pulled down offers on a d-o-d basis.
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