Tag: Bellary Sponge Iron

India: Sponge iron offers fall slightly in Bellary, Karnataka

Jun 15, 2022

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by

Prashasti Giri

in Sponge Iron

Sponge iron, PDRI (FeM 80%), and iron ore-based DRI (CDRI) prices in Karnataka’s Bellary decreased by INR 150/t on 15 June’22. About 1,500 t of PDRI deals were confirmed at INR 32,000-32,100/t exw against offers at INR 32,500/t exw. SteelMint’s assessment for CDRI stands at INR 32,650/t exw. About 1,100 t CDRI deals were reported.