Author: Rounak Gairarey

South India: Sponge iron demand tepid on rising offers in Bellary

Sep 1, 2021

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by

Rounak Gairarey

in Sponge Iron

Sponge C-DRI (FeM 80%) prices in Karnataka’s Bellary moved up by INR 200/t on 1 Sept’21. Inline improvement in sponge P-DRI prices was also seen by INR 250/t in today’s trade. Current offers for sponge C-DRI stand at INR 30,100/t ($412) and around 2,000 t of deals were reported by local manufacturers. Meanwhile, about 1,000…