Tag: Bellary Sponge iron offers

India: Sponge iron demand slows down in Bellary at prevailing offers

Sep 1, 2022

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by

Prashasti Giri

in Sponge Iron

Sponge iron PDRI (FeM 80%) and CDRI prices inched up by INR 50/t in Karnataka’s Bellary on 1 Sept. PDRI deals of 2,600 t were confirmed at INR 32,800-33,100/t exw against offer at INR 33,200/t exw. SteelMint’s assessment for CDRI stands at INR 34,150/t exw and around 1,500 t of deals were reported. Buyers placed…