Author: Romil Sethi

South India: Sponge iron prices increase by INR 500/t in Bellary

Dec 8, 2021

—

by

Romil Sethi

in Sponge Iron

Sponge iron, P-DRI (FeM 80%), prices in Karnataka’s Bellary rose by INR 500/t on 8 Dec’21. C-DRI prices also rose by INR 250/t today. SteelMint assesses C-DRI at INR 28,500/t ($378/t). Around 2,100 t of deals were reported. About 5,400 t of P-DRI deals were confirmed at INR 26,700-27,200/t against offers at INR 27,200/t exw.…