Tag: Bellary Sponge iron offers
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India: Sponge iron offers surge in Bellary, Karnataka
Sponge iron, PDRI (FeM 80%) prices in Karnataka’s Bellary rose by INR 250/t, whereas iron ore-based DRI (CDRI) prices increased by INR 300/t on 27 Jun’22. PDRI deals of 2,600 t were confirmed at INR 33,500/t exw as against offers at INR 33,600/t SteelMint’s assessment for CDRI stands at INR 33,850/t exw and around 1,700…