Tag: Bellary Sponge iron offers

India: Sponge iron offers fall by up to INR 500/t d-o-d in Bellary, Karnataka

Sep 20, 2022

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by

Prashasti Giri

in Sponge Iron

Sponge iron, PDRI (FeM 80%), prices declined by 300/t d-o-d exw while CDRI prices fell by up to INR 500/t on 20 Sept’22. 1,900 t PDRI deals were concluded at INR 31,900-32,000/t exw against offer at INR 32,000/t exw. About 1,000 CDRI deals were confirmed in the range of INR 32,800-33,000/t exw. Spot buying remained…