Tag: Bellary Sponge iron offers

India: More than 12,000 t sponge iron deals concluded in Bellary, Karnataka

Aug 24, 2022

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by

Prashasti Giri

in Sponge Iron

Sponge iron (FeM 80%) PDRI prices in Bellary edged down by INR 150/t today. Around 6,500 t deals were confirmed in the range of INR 33,800-34,000/t exw. Lump-based DRI (CDRI) prices dropped by INR 200/t and around 5,750 t deals were reported at INR 34,900-35,100/t exw. Buyers returned to the market looking at lower offers…