Tag: Bellary Sponge iron offers

India: Sponge iron trade improves in Bellary on firm offers

Jul 25, 2022

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by

Prashasti Giri

in Sponge Iron

Sponge PDRI (FeM 80%) prices in Karnataka’s Bellary remained firm, while CDRI prices inched down by INR 50/t on 25 July. About 3,000 t of PDRI deals were confirmed at INR 33,800-33,900/t exw against offers at INR 33,900/t exw. SteelMint’s assessment for CDRI stands at INR 34,350/t exw and about 4,000 t of deals were…