Tag: Bellary Sponge iron offers
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India: Over 8,000 ton sponge iron trades reported in Bellary, Karnataka
Sponge iron, PDRI (FeM 80%) and CDRI, prices inched up in Bellary by INR 50/t on 8 Jun’22. 5,000 t of PDRI deals were confirmed at INR 32,100-32,200/t exw against offers at INR 32,200/t exw. SteelMint’s assessment for CDRI stands at INR 32,650/t exw and around 3,400 t of deals were reported. Trades improved with…