Tag: Bellary Sponge iron offers
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India: Sponge iron prices fall slightly in Bellary, Karnataka
Sponge iron, PDRI (FeM 80%), prices in Karnataka’s Bellary declined by INR 150/t today and around 1,100 t of deals were confirmed at INR 37,500-37,600/t exw. SteelMint’s assessment for sponge CDRI stands at INR 38,500/t (-100/t) exw and around 800 t of deals were reported. The sponge iron market remained firm today as sufficient trades…