Tag: Bellary Sponge Iron

Pellet-based sponge iron (FeM 80%) prices in Karnataka’s Bellary declined by INR 350/t, while iron ore-based DRI (CDRI) prices fell by INR 550/t on 22 Nov’22. PDRI deals of 800 t were confirmed at INR 29,500-29,700/t exw. CDRI prices stand at INR 30,950/t exw, and around 1,150 t of deals concluded between INR 30,800-31,000/t exw.…