Author: Romil Sethi
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India: Sponge iron offers fall by INR 200/t in Bellary
Sponge iron, P-DRI (FeM 80%), prices in Karnataka’s Bellary declined by INR 200/t. However, sponge iron, C-DRI, prices continued to stay flat in today’s trade, as per SteelMint reports. Around 5,400 t of P-DRI deals were confirmed at INR 28,900-29,000/t against offers at INR 29,200/t exw. SteelMint’s assessment for C-DRI stands at INR 30,200/t ($406/t.)…