Author: Prashasti Giri

Sponge iron PDRI (FeM 80%) prices in Bellary were assessed by SteelMint at INR 29,400/tonne (t) exw (-INR 1,400/t), and CDRI at INR 30,400/t exw (-INR 1,300/t) w-o-w. Total sponge iron trade volumes concluded this week (PDRI and CDRI combined) was 16,400 t. Steel prices fell due to lack of buying interest from the market…