Tag: Bellary Sponge iron offers

India: Sponge iron prices stay stable in Bellary, trade volumes improve

Jan 24, 2022

—

by

Prashasti Giri

in Sponge Iron

Pellet-based sponge iron, P-DRI, prices in Karnataka’s Bellary stayed stable today at 32,450/t and prices of iron ore-based material, CDRI (FeM 80%), were also recorded as stable. Around 4,100 t of P-DRI deals were confirmed at INR 32,400-32,500/t against offers at INR 32,700/t exw. SteelMint’s assessment for C-DRI is at INR 33,000/t ($442/t) and 2,000…