Author: Romil Sethi

India: Bellary sponge iron offers stable, few deals reported

Nov 11, 2021

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by

Romil Sethi

in Sponge Iron

SteelMint’s assessment for sponge iron, C-DRI, stands at INR 32,000/t ($430/t) in Bellary on 11 Nov’21. Around 1,600 t of deals was reported today. However, a few bids were reported at INR 32,000/t exw. About 1,100 t of sponge iron, P-DRI, deals were confirmed at INR 30,500-31,000/t against offers at INR 31,000/t exw for the…