Tag: Bellary Sponge iron offers

India: Around 13,000 t sponge iron trades take place in Bellary, Karnataka

May 30, 2022

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by

Prashasti Giri

in Sponge Iron

Sponge iron, PDRI (FeM 80%), prices in Karnataka’s Bellary surged INR 650/t, while iron ore-based DRI (CDRI) prices increased up to INR 400/t on 30 May’22. 6,000 t of PDRI deals were confirmed at INR 32,000-32,200/t exw against offers at INR 32,200/t exw. CDRI assessment stands at INR 32,800/t exw and 7,300 t of deals…