Author: Rounak Gairarey

Sponge iron prices in Karnataka’s Bellary declined by INR 200-300/t in today’s trade. Current offers for sponge C-DRI stand at INR 28,000/t ($377), down by INR 200/t d-o-d. A few bids have been reported at around INR 27,600-27,800/t, exw-Bellary. No major deals were reported by manufacturers. About 1,100 t of P-DRI deals were confirmed at…