Author: Rounak Gairarey
-
South India: Major sponge iron producers keep offers firm
Sponge C-DRI (FeM 80%) prices in Karnataka’s Bellary market remained unchanged on 5 Jul’21. However, a slight decline was observed in P-DRI prices by around INR 50/t in today’s trade. Current offers for sponge C-DRI stand at INR 27,800/t ($374). A few bids have been reported at around INR 27,700-27,800/t exw-Bellary. However, 500-600 t of…