Author: Rounak Gairarey

India: Bellary sponge iron offers rise on higher demand from other regions

Aug 16, 2021

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by

Rounak Gairarey

in Sponge Iron

Sponge P-DRI (FeM 80%) prices in Karnataka’s Bellary edged up by INR 100/t on 16 Aug’21. The inline improvement in sponge C-DRI prices was INR 50/t in today’s trade. Current offers for sponge C-DRI stand at INR 31,300-31,400/t ($421-423). About 1,400 t of deals have been reported at around INR 31,200-31,300/t, exw-Bellary. On the other…