Tag: Bellary Sponge iron offers

Pellet-based sponge iron prices in Bellary rose by INR 200/t, whereas iron-ore based DRI (CDRI) prices increased by INR 100/t on 23 Feb’22. 2,000 t of PDRI deals were confirmed at INR 33,600-33,800/t exw. 3,000 t of CDRI deals were reported at INR 33,800-34,000/t ($453-455/t) exw. Prices increased on active demand amid an optimistic outlook,…