Tag: Bellary Sponge iron offers
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India: Sponge iron offers decrease marginally in Bellary, Karnataka
Sponge iron PDRI (FeM 80%) and iron ore-based DRI (CDRI) prices in Karnataka’s Bellary inched down by INR 50/t on 26 Aug. PDRI deals of 1,700 t were confirmed at INR 33,700-33,800/t exw against offers at INR 33,800/t exw. About 2,400 t of CDRI deals were reported in the range of INR 34,500-34,950/t exw today.…