Author: Prashasti Giri

Sponge iron PDRI (FeM 80%) prices in Karnataka’s Bellary decreased by INR 250/t while iron ore-based DRI (CDRI) prices declined by up to INR 200/t on 19 Aug. PDRI deals of 900 t were confirmed at INR 34,200-34,500/t exw against offers at INR 34,800/t exw. About 1,700 t deals were reported for lump-based DRI (CDRI)…