Tag: Bellary Sponge iron offers

India: Sponge iron prices rise in Bellary as trades improve

Jan 17, 2022

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by

Prashasti Giri

in Sponge Iron

Pellet-based sponge iron, P-DRI, prices in Karnataka’s Bellary rose by INR 100/t on 17 Jan’22, while prices of iron ore-based material, C-DRI (FeM 80%), increased by INR 50/t. Around 8,900 t of P-DRI deals were confirmed at INR 31,500-31,800/t against offers at INR 31,800/t exw. SteelMint’s price assessment for C-DRI is at INR 32,550/t ($438/t).…