Sponge Iron (DRI) Scrap Price in Malda Today
Sponge Iron (DRI) price trend in Malda
Benchmarked daily from published indices and verified supplier quotes.
Trend history for Sponge Iron (DRI) in Malda is still building — check back after the next benchmark run.
Verified Sponge Iron (DRI) lots near Malda
GST-verified sellers. Weight validated at dispatch and delivery. Payment held in escrow.
About Sponge Iron (DRI) pricing in Malda
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.
Malda supplies mixed ferrous scrap generated across Murshidabad and the Bihar border districts, moving mainly to Asansol and Durgapur furnaces by road.
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 Malda
- Induction furnaces
- Billet and ingot makers
- EAF mills
How LohaLink secures Sponge Iron (DRI) trades in Malda
Every Malda 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.