Tag: Bellary Sponge iron offers

India: Sponge iron offers increase marginally in Bellary, Karnataka

Aug 4, 2022

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by

Prashasti Giri

in Sponge Iron

Sponge iron PDRI (FeM 80%) prices in Karnataka’s Bellary moved up slightly by INR 100/t, while iron ore-based DRI (CDRI) prices remained stable at INR 35,950/t exw on 4 Aug’22. PDRI deals of 1,100 t were confirmed at INR 34,900-35,000/t exw against offer at INR 35,000/t exw. SteelMint’s assessment for CDRI stands at INR 35,950/t…