Tag: Bellary Sponge iron offers
-

India: Sponge iron prices decline in Bellary, Karnataka
Sponge iron, PDRI (FeM 80%) prices in Karnataka’s Bellary declined by INR 850/t and PDRI deals of 1,300 t were confirmed at INR 31,800-32,000/t exw on 24 May 2022. SteelMint’s price assessment for CDRI stands at INR 32,850/t exw and deals of 500 t were reported. Prices remained under pressure owing to low demand in…