Tag: Bellary Sponge iron offers

India: Sponge iron offers slip in Bellary as buyers resist higher offers

Aug 5, 2022

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by

Prashasti Giri

in Sponge Iron

Sponge iron PDRI (FeM 80%) prices in Karnataka’s Bellary edged lower by INR 200/t. 1,500 t deals were concluded in the range of INR 34,500-34,700/t exw against offers at INR 35,000/t on 5 August. 800 t deals of iron ore-based DRI (CDRI) were confirmed at INR 35,800-35,900/t exw against offer at INR 36,000/t exw. Market…