Author: Rounak Gairarey
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India: Sponge iron prices rise by up to INR 250/t in Bellary
Sponge C-DRI (FeM 80%) prices in Karnataka’s Bellary rose by INR 250/t on 9 Jul’21. Sponge P-DRI prices also improved by INR 200/t in today’s trade, as per SteelMint reports. Current offers for C-DRI stand at INR 28,400-28,500/t ($381) exw. Around 800 t of C-DRI deals were reported by local manufacturers. Around 1,900 t of…