Tag: Bellary Sponge iron offers

India: Sponge iron offers rise in Bellary on improved trade

Jul 11, 2022

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by

Prashasti Giri

in Sponge Iron

Sponge iron (FeM 80%) prices in Karnataka’s Bellary rose by INR 300-350/t on 11 Jul’22 amid improved trade. Around 4,800 t of PDRI deals were confirmed at INR 34,700-35,000/t exw. SteelMint’s assessment for CDRI stands at INR 35,250/t exw and around 2,800 t of deals were reported. Offers surged on increased demand followed by the…