Tag: Bellary Sponge iron offers

India: Sponge iron prices remain firm in Bellary, Karnataka

Jul 5, 2022

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by

Prashasti Giri

in Sponge Iron

Sponge iron PDRI (FeM 80%) prices continued to remain steady while iron ore-based DRI (CDRI) prices inched up by INR 100/t in Karnataka’s Bellary on 5 July. About 2,100 t of PDRI deals were confirmed at INR 33,900-34,000/t exw against offers at INR 34,000/t exw. SteelMint’s assessment for CDRI stands at INR 34,450/t exw and…