Tag: Bellary Sponge iron offers

Sponge iron, PDRI (FeM 80%), prices in Bellary fell by INR 300/t, with 500 t of deals being reported at INR 36,200-36,300/t as against offers at INR 36,500/t exw on 8 Apr’22. 1,820 t of deals were confirmed for iron ore lump-based DRI (CDRI) at around INR 37,000-37,300/t exw. Slow demand and limited finished steel…