Sponge Iron (DRI) Scrap Price in Kanpur Today
Sponge Iron (DRI) price trend in Kanpur
Benchmarked daily from published indices and verified supplier quotes.
Trend history for Sponge Iron (DRI) in Kanpur is still building — check back after the next benchmark run.
Verified Sponge Iron (DRI) lots near Kanpur
GST-verified sellers. Weight validated at dispatch and delivery. Payment held in escrow.
About Sponge Iron (DRI) pricing in Kanpur
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.
Kanpur's engineering, textile-machinery and defence-supplier base generates steady ferrous scrap absorbed by UP's induction furnaces and re-rollers.
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 Kanpur
- Induction furnaces
- Billet and ingot makers
- EAF mills
How LohaLink secures Sponge Iron (DRI) trades in Kanpur
Every Kanpur 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.