Author: Prashasti Giri

Sponge iron, PDRI (FeM 80%), prices in Karnataka’s Bellary moved down by INR 250/t, while iron ore-based DRI (CDRI) prices declined by INR 300/t on 23 Aug. About 3,600 t PDRI deals were confirmed at INR 34,000-34,200/t exw against offers at INR 34,400/t exw. SteelMint’s assessment for CDRI stands at INR 35,250/t exw and around…