Tag: Bellary Sponge iron offers

Sponge iron, PDRI (FeM 80%), prices in Karnataka’s Bellary declined by INR 300/t, while iron-ore based CDRI prices dipped INR 250/t on 18 May’22. 1,100 t of PDRI deals were confirmed at 34,300-36,400/t exw against offers at INR 34,700/t exw. About 2,200 t of CDRI deals were reported at INR 35,000-35,500/t exw today. Lower bids…