Tag: Bellary Sponge Iron

Pellet-based DRI (PDRI, FeM 80%) deals of 2,600 t were concluded at INR 32,100-32,200/t exw, while offers fell by INR 100/t on 11 Oct’22 in Bellary. Iron ore lump-based DRI (CDRI) offers decreased by INR 200/t and around 1,050 t of deals were concluded at INR 33,700-33,800/t exw. Sponge iron demand remained weak as buyers…