Tag: Bellary Sponge iron offers

  • India: Sponge iron prices rise in Bellary, Karnataka

    India: Sponge iron prices rise in Bellary, Karnataka

    Around 900 t of pellet-based sponge iron (PDRI) deals were confirmed at INR 34,700-34,800/t against offers at INR 34,800-34,900/t exw in Bellary, Karnataka today. Around 1,000 t of iron ore-based DRI (CDRI) deals were reported at INR 35,000-35,200/t ($469-471/t) exw. Limited deals were heard as buyers had placed a sufficient number of bookings over the…