Tag: Bellary Sponge iron offers
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India: Sponge iron prices decline further in Bellary
Sponge iron, PDRI, prices in Bellary dipped by INR 250/t today while prices of iron ore-based material, CDRI (FeM 80%) inched down by INR 100/t. Around 3,500 t of pellet-based sponge iron (PDRI) deals were confirmed at INR 32,800-33,000/t against offers at INR 33,200/t exw in Bellary, Karnataka today. About 3,950 t of iron ore-based…