Tag: Bellary Sponge iron offers

India: Sponge iron demand slows down in Bellary, Karnataka

Jun 30, 2022

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by

Prashasti Giri

in Sponge Iron

Sponge iron, PDRI (FeM 80%), prices in Karnataka’s Bellary remained stable at INR 33,800/t exw, whereas iron ore-based CDRI prices fell INR 150/t on 30 Jun’22. 1,700 t of PDRI deals were confirmed at INR 33,800-34,000/t as against offers at INR 34,000/t exw. SteelMint’s assessment for CDRI stands at INR 34,000/t exw and around 980…