Tag: Bellary Sponge iron offers

India: Low demand weighs on sponge iron offers in Bellary, Karnataka

Apr 6, 2022

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by

Prashasti Giri

in Sponge Iron

Sponge P-DRI (FeM 80%) prices in Karnataka’s Bellary declined by INR 600/t, while C-DRI prices fell by INR 550/t on 6 Apr’22, as per SteelMint assessment. Around 1,950 t of PDRI deals were confirmed at INR 36,500-37,000/t exw. CDRI prices are at INR 37,500/t exw and 1,550 t of deals were reported today. Billet prices…