Tag: Bellary Sponge iron offers

India: Sponge iron offers surge in Bellary, Karnataka

Apr 18, 2022

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by

Prashasti Giri

in Sponge Iron

Sponge iron, PDRI, prices in Karnataka’s Bellary rose by INR 650/t, while iron ore-based CDRI prices increased by INR 700/t on 18 Apr’22. 2,600 t of PDRI deals were confirmed at INR 37,800-38,000/t exw against offers at INR 38,500/t exw. SteelMint’s assessment for CDRI stood at INR 39,100/t exw and 2,500 t of deals were…