Tag: Bellary Sponge Iron Prices

India: Sponge iron offers rise in Bellary, limited deals reported

Jan 21, 2022

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by

Prashasti Giri

in Sponge Iron

Sponge iron, P-DRI, prices in Karnataka’s Bellary rose by INR 300/t on 21 Jan’22, while C-DRI (FeM 80%) prices inched up INR 200/t. Around 1,200 t of P-DRI deals were confirmed at INR 32,200-32,450/t against offers at INR 32,500/t exw. SteelMint’s assessment for C-DRI is at INR 33,000/t ($443/t) and 600 t of deals were…