Tag: Bellary Sponge iron offers
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India: Sponge iron demand remains subdued in Bellary, Karnataka
Sponge iron PDRI (FeM 80%) and iron ore-based DRI (CDRI) prices in Bellary fell by INR 150/t on 9 Sept. PDRI deals of 600 t were confirmed at INR 32,500/t exw against offers at INR 32,600/t exw. CDRI prices stood at INR 33,500/t exw and around 800 t deals were concluded. Lower enquires and slow…