Tag: Bellary Sponge iron offers

India: Sponge iron prices in Bellary drop on limited enquiries

Aug 17, 2022

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by

Prashasti Giri

in Sponge Iron

Sponge iron PDRI (FeM 80%) and CDRI prices in Karnataka’s Bellary declined by INR 150/t each on 17 Aug. PDRI deals of 3,300 t were confirmed at INR 34,900-35,000/t exw against offers at INR 35,100/t exw. SteelMint’s assessment for CDRI stands at INR 36,050/t exw and around 1,500 t deals were reported. Poor enquiries and…