Author: Romil Sethi
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India: Sponge iron offers surge in Bellary, Karnataka
Sponge iron PDRI prices in Karnataka’s Bellary rose by INR 700/t, while iron ore-based CDRI prices increased by INR 750/t on 29 Apr’22. 3,350 t of PDRI deals were confirmed at INR 36,800-37,000/t exw against offers at INR 37,300/t exw. SteelMint’s assessment for CDRI stands at INR 38,050/t exw and 2,900 t of deals were…