Tag: Bellary Sponge Iron

Sponge iron PDRI (FeM 80%) prices in Karnataka’s Bellary declined by INR 250/t, while iron ore-based DRI (CDRI) prices were down by INR 150/t on 18 Aug. PDRI deals of 1,000 t were confirmed at INR 34,500-34,700/t exw against offers at INR 35,000/t exw. CDRI prices stand at INR 35,900/t exw and around 1,100 t…