Author: Rounak Gairarey

India: Bellary sponge iron offers fall even as trade volumes recover

Jun 30, 2021

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by

Rounak Gairarey

in Sponge Iron

Sponge iron prices in Karnataka’s Bellary declined by INR 200/t in today’s trade, as per SteelMint reports. Current offers for sponge C-DRI stand at INR 27,800-27,900/t ($375), down by INR 50/t d-o-d. A few bids were reported at INR 27,700/t, exw Bellary. About 1,200 t of C-DRI deals were reported today. Around 5,100 t of…