Author: Rounak Gairarey
-
South India based sponge iron producer increases offer by INR 500/t ($7)
Bellary, Karnataka based BMM has raised its sponge P-DRI offer by INR 500/t. Current offer stands at INR 28,500/t exw. The prices have increased due to renewed buying following improvement in billet prices on active demand. Billet prices in Hyderabad, Southern India have increased by INR 1,000/t to INR 44,000/t exw. The plant has a…