Author: Romil Sethi
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India: Sponge iron prices fall by INR 100-200/t in Bellary
Pellet-based sponge iron, P-DRI (FeM 80%), prices in Karnataka’s Bellary declined by INR 200/t, while iron ore-based sponge C-DRI prices fell by INR 100/t on 30 Nov’21, as per SteelMint reports. Around 5,700 t of P-DRI deals were confirmed at INR 28,500-28,800/t against offers at INR 29,000/t exw. SteelMint’s assessment for C-DRI stands at INR…