Tag: Bellary Sponge iron offers

India: Sponge iron trade slows down despite lower offers in Bellary, Karnataka

Apr 22, 2022

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by

Prashasti Giri

in Sponge Iron

Sponge iron, PDRI (FeM 80%) as well as CDRI prices in Bellary declined by INR 300/t on 22 Apr’22. 950 t of PDRI deals were confirmed at INR 37,100-37,200/t exw against offers at INR 37,500/t exw. SteelMint’s assessment for CDRI is at INR 38,200/t exw, and 1,000 t of deals were reported. Prices continue to…