Tag: Bellary Sponge iron offers

India: Sponge iron prices rise slightly in Bellary, Karnataka

Mar 31, 2022

—

by

Prashasti Giri

in Sponge Iron

Sponge iron, PDRI (FeM 80%), prices in Karnataka’s Bellary surged INR 100/t and around 1,000 t deals were confirmed at INR 37,000-37,100/t exw, today. SteelMint’s assessment for CDRI stands at INR 38,000/t (+300/t) exw and 1,450 t of deals were reported. Most mill owners are holding sales rather than selling material at lower rates.