Tag: Bellary Sponge Iron Prices

  • India: Sponge iron prices rise sharply in Bellary

    India: Sponge iron prices rise sharply in Bellary

    Pellet-based sponge iron, P-DRI, prices in Karnataka’s Bellary rose by INR 300/t on 28 Jan’22, whereas iron ore-based DRI (C-DRI) prices increased by INR 800/t. 1,000 t of P-DRI deals were confirmed at INR 33,700-33,800/t against offers at INR 34,000/t exw. About 620 t of C-DRI deals were reported at INR 34,400/t ($458/t) exw. Prices…