Sponge Iron (DRI) Scrap Price in Asansol Today
Sponge Iron (DRI) price trend in Asansol
Benchmarked daily from published indices and verified supplier quotes.
Trend history for Sponge Iron (DRI) in Asansol is still building — check back after the next benchmark run.
Verified Sponge Iron (DRI) lots near Asansol
GST-verified sellers. Weight validated at dispatch and delivery. Payment held in escrow.
About Sponge Iron (DRI) pricing in Asansol
Direct reduced iron produced in coal-based rotary kilns. Metallisation and FeT determine yield, and sponge iron is the dominant furnace charge for India's secondary steel sector.
Asansol combines colliery-belt scrap generation with a dense cluster of re-rollers and ingot makers, making it one of eastern India's most liquid ex-yard markets.
Typical specification buyers expect
- Metallisation 80% minimum, FeT 88–92%
- Lump / fines split declared per lot
- Low sulphur, moisture below 1%
Who buys Sponge Iron (DRI) in and around Asansol
- Induction furnaces
- Billet and ingot makers
- EAF mills
How LohaLink secures Sponge Iron (DRI) trades in Asansol
Every Asansol lot carries a verified GSTIN, bank-validated seller KYC, geo-tagged loading photographs and a tamper-proof weighbridge slip. The buyer locks funds in escrow at the agreed rate, the truck is tracked in transit, and payment releases only after net weight is confirmed at destination. Weight disputes are adjudicated by LohaLink inspectors within 48 hours, with the disputed balance refunded.