Tag: Bellary Sponge Iron Prices

South India: Steel prices rise w-o-w on active buying, faster finished steel movement

Dec 9, 2022

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by

Prashasti Giri

in Sponge Iron

Sponge iron PDRI (FeM 80%) prices in Bellary were assessed by SteelMint at INR 30,800/tonne (t) exw (+INR 700/t), and CDRI at INR 31,750/t exw (+INR 550/t) w-o-w. Total sponge iron trade volumes concluded this week (PDRI and CDRI combined) was 39,200 t. The price of raw materials surged significantly across India as a result…