Tag: Bellary Sponge iron offers

India: Limited demand weighs on sponge iron offers in Bellary, Karnataka

Jun 20, 2022

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by

Prashasti Giri

in Sponge Iron

Sponge iron, PDRI (FeM 80%) and CDRI, prices in Karnataka’s Bellary declined by INR 150/t on 20 Jun’22. PDRI deals of 700 t were confirmed at INR 32,300-32,400/t exw against offers at INR 32,500/t exw. SteelMint’s assessment for CDRI stands at INR 32,800/t exw and around 900 t of deals were reported. Sponge prices continued…