Tag: Bellary Sponge iron offers

India: Sponge iron prices remain stable in Bellary, Karnataka

Jan 31, 2022

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by

Prashasti Giri

in Sponge Iron

3,700 t of Pellet-based sponge iron (PDRI) deals were confirmed at INR 35,000/t against offers at INR 35,200/t exw. About 800 t of iron ore-based DRI (CDRI) deals were reported at INR 35,500/t ($475/t) exw. Sharp price fluctuations turned buyers conscious, keeping market activities stable.