Author: Prashasti Giri

South India: Active demand, buying interest bolster market this week

Dec 1, 2022

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by

Prashasti Giri

in Sponge Iron

Sponge iron PDRI (FeM 80%) prices in Bellary were assessed by SteelMint at INR 30,100/tonne (t) exw (+INR 550/t), and CDRI at INR 31,200/t exw (+INR 250/t) w-o-w. Total sponge iron trade volumes concluded this week (PDRI and CDRI combined) were at 48,350 tonne. Since end-uers expressed interest in procuring sponge iron, a sizable number…