Tag: Bellary Sponge iron offers

Pellet-based sponge iron (FeM 80%) prices in Karnataka’s Bellary slipped INR 200/t d-o-d, while iron ore-based CDRI prices fell by INR 250/t on 31 May’22. Around 1,000 t of PDRI deals were confirmed at INR 31,800-32,000/t exw. CDRI prices are at INR 32,550/t exw and 1,600 t of deals were reported today. The sponge iron…