Tag: Bellary Sponge iron offers

India: Sponge iron offers in Bellary continue rising on active demand

Aug 3, 2022

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by

Prashasti Giri

in Sponge Iron

Sponge iron PDRI (FeM 80%) prices in Karnataka’s Bellary rose by up to INR 500/t while iron ore-based DRI (CDRI) prices increased by 350/t on 3 August. PDRI deals of 5,750 t were confirmed at INR 34,700-35,000/t exw against offer at INR 35,000/t exw. CDRI prices stand at INR 35,950/t exw and around 3,650 t…