Tag: Bellary Sponge Iron Prices Falls

India: Sponge iron prices fall marginally in Bellary

Jan 6, 2022

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by

Prashasti Giri

in Sponge Iron

Sponge iron P-DRI (FeM 80%) and C-DRI prices in Bellary declined by INR 100/t on 6 Jan’22. Around 1,000 t of P-DRI deals were confirmed at INR 29,700-30,000/t against offers at INR 30,200/t exw. SteelMint’s price assessment for C-DRI stands at INR 30,800/t ($414/t). Around 1,100 t of deals were reported today.