India: Over 6,000 t sponge iron deals reported from Bellary, Karnataka

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Sponge iron, PDRI, prices in Karnataka’s Bellary rose by INR 450/t and 2,800 t of deals were reported today at around INR 32,800-33,000/t exw.
Sponge CDRI prices increased by INR 350/t to INR 33,350/t exw and around 3,550 t deals were reported.
Billet prices in Hyderabad rose by INR 1,000/t d-o-d to INR 49,000/t exw.

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