Tag: Bellary sponge iron offers rise

Sponge iron PDRI (FeM 80%) offers moved up by INR 200/t d-o-d in Bellary, Karnataka on 30 Sept’22. Deals of 5,100 t were concluded between INR 31,300-31,500/t exw. CDRI sponge prices increased by INR 250/t and around 1,700 t deals were concluded in the range of INR 32,400-32,600/t exw. Increased spot demand pushed offers northward,…