Tag: Bellary Sponge iron offers

India: Sponge iron offers rise slightly in Bellary, Karnataka

May 13, 2022

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by

Prashasti Giri

in Sponge Iron

1,900 t of pellet-based sponge iron (PDRI) deals were confirmed at INR 35,500-35,700/t exw against offers at INR 35,700/t exw. About 900 t of iron ore-based DRI (CDRI) deals were reported at INR 36,300-36,500/t exw. The market remained firm today as plenty of orders had already been placed yesterday.