Tag: Bellary Sponge iron offers

India: Sponge iron offers fall up to INR 500/t in Bellary, Karnataka

Apr 25, 2022

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by

Prashasti Giri

in Sponge Iron

Sponge iron PDRI (FeM 80%) as well as CDRI prices in Bellary, Karnataka, declined by INR 500/t on 25 Apr’22. 1,000 t of PDRI deals were confirmed at INR 36,200-36,300/t exw against offers at INR 36,500/t exw. SteelMint’s assessment for CDRI stands at INR 37,300/t exw and 800 t of deals were reported. Billet prices…