Tag: Bellary sponge iron offers rise

India: Sponge iron offers rise up to INR 1,250/t in Bellary, Karnataka

Mar 21, 2022

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by

Prashasti Giri

in Sponge Iron

Sponge PDRI (FeM 80%) prices in Karnataka’s Bellary rose by INR 1,000/t, while CDRI prices increased by INR 1,250/t on 21 Mar’22. 2,000 t of PDRI deals were confirmed at INR 39,000-39,200/t as against offers at INR 39,300/t exw. SteelMint’s assessment for CDRI stands at INR 40,000/t ($525/t) and around 5,600 t of deals were…