SteelMint

Author: Romil Sethi

  • India: Sponge iron prices down INR 500-600/t in Bellary

    India: Sponge iron prices down INR 500-600/t in Bellary

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    by

    Romil Sethi
    in

    Sponge iron, C-DRI (FeM 80%), prices in Karnataka’s Bellary declined by INR 500/t on 22 Nov’21. Sponge iron, P-DRI, prices dropped by INR 600/t today, as per reports. SteelMint’s assessment for C-DRI stands at INR 30,300/t ($408/t). Around 900 t of deals were reported. Around 2,700 t of P-DRI deals were confirmed at INR 29,000-29,200/t…