Author: Romil Sethi

India: Sponge iron prices rise by INR 100-200/t in Bellary

Nov 18, 2021

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by

Romil Sethi

in Sponge Iron

Sponge iron, P-DRI (FeM 80%), prices in Karnataka’s Bellary rose by INR 200/t, while C-DRI prices increased by INR 100/t on 18 Nov’21. Around 1,825 t of P-DRI deals were confirmed at INR 29,500-29,700/t against offers at INR 29,800/t exw. SteelMint’s assessment for sponge iron, C-DRI, stands at INR 30,500/t ($411). Around 1,700 t of…