Author: Romil Sethi
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India: Sponge iron prices fall marginally in Bellary
Sponge iron, C-DRI (FeM 80%), prices in Karnataka’s Bellary declined by INR 100/t today. Sponge iron, P-DRI, prices stayed flat in today’s trade, however. Around 2,100 t of P-DRI deals were confirmed at INR 29,000-29,300/t against offers at INR 29,500/t SteelMint’s assessment for C-DRI stands at INR 30,200/t ($406). Around 2,400 t of deals were…