Author: Romil Sethi

Sponge iron, P-DRI (FeM 80%), prices in Karnataka’s Bellary fell by INR 300/t, while sponge C-DRI prices declined by INR 550/t on 1 Dec’21. Around 700 t of P-DRI deals were confirmed at INR 28,200-28,500/t and 1,300 t of C-DRI deals at INR 29,600-29,700/t exw. Falling coal and billet prices are weighing on sponge iron…