Tag: Bellary Sponge iron offers

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

Jun 3, 2022

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by

Prashasti Giri

in Sponge Iron

Sponge iron, PDRI (FeM 80%), prices in Karnataka’s Bellary moved up by INR 650/t, while iron ore-based DRI (CDRI) prices increased by up to INR 600/t on 3 June 2022. 2,850 t of PDRI deals were confirmed at INR 31,800-32,200/t exw against offers at INR 32,500/t exw. SteelMint’s assessment for CDRI stands at INR 32,600/t…