Tag: Bellary Sponge iron offers

India: Sponge iron offers rise up to INR 450/t in Bellary, Karnataka

Oct 6, 2022

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by

Prashasti Giri

in Sponge Iron

Pellet-based DRI (PDRI) deals of 3,200 t were concluded in the range of INR 31,700-31,800/t exw on 6 Oct’22. Iron ore lump-based DRI (CDRI) prices increased by INR 450/t and around 4,100 t of deals were concluded in the range of INR 32,900-33,100/t exw. Healthy demand for sponge iron pushed offers higher even as billet…