Tag: Bellary sponge iron offers rise

Pellets-based sponge DRI prices in Bellary rose by INR 750/t, while iron ore-based DRI (C-DRI) prices increased by INR 800/t. 6,200 t of PDRI deals were confirmed at 34,300-34,500/t. 4,900 t of CDRI deals were reported at INR 34,500-34,800/t ($456-460/t) exw. Prices remain strong on active demand and rising coal prices. Coal prices increased by…