Author: Rounak Gairarey

The sponge P-DRI prices in Southern India – Bellary (Karnataka) rebounded by INR 500/t to INR 22,500-700/t exw following improved demand from furnace owners. Officials from BMM Ispat, one of the major sponge producers, have stated about 3,000 t deals, while other mid-sized plants confirmed deals of around 2,000 t today. This resulted in an…