Tag: Bellary Sponge Iron
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India: Sponge iron offers rise slightly in Bellary, Karnataka
Sponge iron, PDRI (FeM 80%), prices in Karnataka’s Bellary rose by INR 350/t while iron ore-based DRI (CDRI) prices increased by INR 200/t on 24 June. PDRI deals of 2,300 t were confirmed at INR 33,300-33,400/t exw against offers at INR 33,500/t exw. Around 3,100 t CDRI deals were reported at INR 33,400-33,500/t exw. A…