Tag: Bellary Sponge Iron

Sponge iron PDRI (FeM 80%) and iron ore-based DRI (CDRI) prices in Bellary dropped by INR 200/t on 7 Sept. PDRI deals of 4,200 t were confirmed at INR 32,700-32,800/t exw against offers at INR 32,800/t exw. CDRI prices stood at INR 33,750/t exw and around 1,700 t deals were concluded. Buying activity improved slightly…