Author: Romil Sethi
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India: Sponge iron prices slip marginally in Bellary
Sponge iron, C-DRI (FeM 80%), prices in Karnataka’s Bellary declined by INR 200/t on 6 Dec’21. However, pellet-based sponge iron, P-DRI, prices continued to stay flat in today’s trade, as per SteelMint assessment. Around 2,900 t of P-DRI deals were confirmed at INR 26,500-26,700/t against offers at INR 26,800/t exw. SteelMint assesses C-DRI at INR…