Tag: Bellary Sponge iron offers

India: Sponge iron offers edge down in Bellary, Karnataka

Jul 20, 2022

—

by

Prashasti Giri

in Sponge Iron

PDRI (FeM 80%) prices in Bellary dropped marginally by INR 100/t. Around 2,625 t deals were recorded at INR 34,000-34,200/t exw against offers at INR 34,200-34,300/t exw on 20 July. 3,000 t of iron ore-based DRI (CDRI) deals were confirmed at around INR 34,400-34,700/t exw. Sponge iron offers remained on the lower side due to…