Author: Romil Sethi
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India: Sponge iron prices increase by INR 200/t in Bellary, Karnataka
Sponge iron, PDRI (FeM 80%), prices in Karnataka’s Bellary went up INR 200/t, while iron ore-based DRI (CDRI) prices increased up to INR 250/t on 17 Jun’22. 5,400 t of PDRI deals were confirmed at INR 32,000-32,500/t exw against offers at INR 32,500/t exw. CDRI assessment stands at INR 33,000/t exw and 2,260 t of…