Tag: Bellary Sponge iron offers

India: Sponge iron trades improve on lower offers in Bellary, Karnataka

May 17, 2022

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by

Prashasti Giri

in Sponge Iron

Sponge iron, PDRI (FeM 80%), prices in Karnataka’s Bellary fell by INR 500/t and around 4,000 t of deals were confirmed at INR 34,300-34,700/t exw on 17 May’22. SteelMint’s assessment for sponge CDRI stands at INR 35,400/t exw and around 3,900 t of deals were reported. Trades improved as offers edged lower amid continuous fall…