Author: Prashasti Giri

South India: Steel prices slow down w-o-w amid moderate demand

Dec 22, 2022

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by

Prashasti Giri

in Semi Finished

Sponge iron PDRI (FeM 80%) prices in Bellary were assessed by SteelMint at INR 28,700/tonne (t) exw, down by INR 700/t, and CDRI at INR 29,900/t exw (-INR 500/t) w-o-w. Total sponge iron trade volumes concluded this week (PDRI and CDRI combined) were at 31,600 t. Prices decreased as a result of lower demand for…