Tag: Bellary Sponge iron offers

India: About 15,000 t of sponge iron deals reported from Bellary, Karnataka

Apr 1, 2022

—

by

Prashasti Giri

in Sponge Iron

Sponge iron (FeM 80%) prices in Bellary rose up to INR 600/t on improved trades. 7,200 t of pellet-based DRI (PDRI) deals were confirmed at INR 37,200-37,500/t against offers at INR 37,800/t exw. 7,650 t of deals were reported for lump-based DRI (CDRI) at around INR 38,600/t exw. Offers headed north with the rise in…