Sponge iron, PDRI (FeM 80%), prices increased marginally by INR 50/t in Bellary, Karnataka on 27 Oct’22 while iron ore-based DRI (CDRI) prices stayed stable.
- PDRI deals of 2,300 t were concluded at INR 32,300-32,400/t exw against offer at INR 32,400/t exw.
- About 2,350 t of CDRI deals were confirmed between INR 33,600-33,900/t exw.
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