Tag: Bellary Sponge Iron Prices

India: Sponge iron offers increase by INR 300/t in Bellary

Jan 10, 2022

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by

Prashasti Giri

in Sponge Iron

Sponge iron, C-DRI (FeM 80%), prices in Karnataka’s Bellary rose by INR 300/t on 10 Jan’22, while P-DRI prices increased by INR 50/t. Around 2,900 t of P-DRI deals were confirmed at INR 30,300-30,500/t against offers at INR 30,500/t exw. SteelMint’s assessment for C-DRI is at INR 31,500/t ($425/t) and around 600 t of deals…