Tag: Bellary Sponge iron offers

India: Over 7,000 t sponge iron deals reported from Bellary, Karnataka

Jun 16, 2022

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by

Prashasti Giri

in Sponge Iron

Sponge iron, PDRI (FeM 80%), and iron ore-based DRI (CDRI) prices in Karnataka’s Bellary surged by INR 100/t on 16 June’22. 4,400 t of PDRI deals were confirmed at INR 32,000-32,300/t exw against offers at INR 32,500/t exw. CDRI prices stand at INR 32,750/t exw with around 2,900 t of deals. Billet prices in Hyderabad…