Tag: Bellary Sponge iron offers

Sponge iron (PDRI) prices in Bellary, Karnataka rose by INR 900/t and iron ore-based DRI (CDRI) prices by INR 1,100/t. 8,100 t of PDRI deals were confirmed at INR 35,200-35,300/t exw. 3,500 t of CDRI deals were reported at INR 35,800-36,000/t ($475-478/t) exw. Sponge offers trend north with healthy trade volumes amid increase in coal…