Tag: Bellary Sponge iron offers

Pellet-based sponge iron (FeM 80%) prices in Bellary fell by INR 450/t, while iron ore-based CDRI prices fell by INR 500/t. 1,100 t of PDRI deals were confirmed at INR 35,300-35,800/t exw, while CDRI stood at INR 36,500/t exw, with 1,100 t of deals being recorded. Measured production by furnaces due to power shortage in…