Tag: Bellary Sponge Iron

Sponge iron PDRI (FeM 80%) prices increased by INR 300/t and deals of 5,100 t were concluded between INR 30,400-30,500/t exw on 8 Dec’22. Iron ore lump-based DRI (CDRI) prices rose by INR 300/t & around 1,500 t deals were confirmed between INR 31,500-31,600/t exw. Spot buying of sponge iron remained moderate today as buyers…