Tag: Bellary Sponge offers
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India: Sponge iron prices surge in Bellary, Karnataka
Sponge iron, PDRI, prices in Karnataka’s Bellary rose by INR 600/t, whereas iron ore lump-based DRI (CDRI) prices increased by INR 700/t on 16 Feb’22. 9,100 t of PDRI deals were confirmed at INR 33,000-33,100/t as against offers at INR 33,200/t exw. 4,800 t of CDRI deals were reported at INR 33,500-33,700/t ($446-449/t) exw. Healthy…