Tag: Bellary Sponge iron offers

India: Sponge iron demand improves in Bellary on falling offers

Aug 25, 2022

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by

Prashasti Giri

in Sponge Iron

Pellet-based sponge iron (FeM 80%) prices in Karnataka’s Bellary dipped by INR 200/t while lumps-based DRI (CDRI) prices declined by INR 250/t on 25 Aug. PDRI deals of 6,150 t were concluded between INR 33,500-33,800/t exw against offer at INR 34,000/t exw. CDRI prices stand at INR 34,800/t exw and around 1,900 t deals were…