Tag: Bellary Sponge iron offers

India: Sponge iron prices fall d-o-d in Bellary, Karnataka

Nov 4, 2022

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by

Prashasti Giri

in Sponge Iron

Sponge iron (PDRI, FeM 80%) prices edged down by INR 200/t to INR 31,200/t exw on 4 Nov’22. Around 2,100 t of deals were concluded between INR 30,900-31,100/t exw. Iron ore lump-based DRI (CDRI) prices dropped by INR 500/t. Around 3,100 t of deals were confirmed between INR 32,400-32,800/t exw. Lower bids pulled down offers…