Tag: Bellary Sponge iron offers
-

India: Sponge iron offers fall slightly in Bellary, Karnataka
Sponge iron, PDRI (FeM 80%), prices in Karnataka’s Bellary inched down by INR 50/t, while iron ore-based DRI (CDRI) prices declined by INR 200/t today. 1,600 t of PDRI deals were confirmed at INR 31,400-31,500/t exw against offers at INR 31,700/t exw. SteelMint’s assessment for CDRI stands at INR 32,000/t exw and around 1,000 t…