Tag: Bellary Sponge iron offers

Sponge iron, PDRI (FeM 80%) prices in Bellary declined by INR 450/t. Iron ore-based CDRI prices dipped by INR 550/t on 25 May 2022. PDRI deals 1,700 t were confirmed at 31,300-31,700/t exw against offers at INR 31,800/t exw. About 700 t of CDRI deals were reported at INR 32,000-32,500/t exw today. Lower bids continue…