Author: Prashasti Giri
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India: Sponge iron offers rise marginally in Bellary
Sponge iron, P-DRI (FeM 80%), prices in Karnataka’s Bellary rose by INR 150/t, while C-DRI prices increased by INR 100/t on 28 Dec’21. Around 1,500 t of P-DRI deals were confirmed at INR 30,200/t, while 1,600 t of C-DRI deals were heard at INR 31,000-31,300/t exw. Limited deals were heard today as buyers had placed…