Author: Prashasti Giri
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India: Sponge iron prices fall marginally in Bellary
Sponge iron PDRI (FeM 80%) offers in Bellary, Karnataka, dropped marginally by INR 100/t today. 4,700 t of deals were concluded between INR 29,500-29,800/t exw against offers at INR 29,800/t. Iron ore lump-based DRI (CDRI) prices moved down by INR 50/t and 2,400 t of deals were confirmed at INR 30,500-30,800/t exw. Despite fluctuation in…