Tag: Bellary Sponge offers

  • India: Sponge iron prices rise further in Bellary

    India: Sponge iron prices rise further in Bellary

    Pellet-based sponge iron, P-DRI, prices in Karnataka’s Bellary rose by INR 700/t, while Iron ore based DRI (C-DRI) prices up by INR 100/t. 3,800 t of P-DRI deals were confirmed at INR 33,200-33,500/t against offers at INR 33,600/t exw. About 1,120 t of C-DRI deals were reported at INR 33,600/t ($447/t) exw. Rising coal, pellet…