Tag: Bellary Sponge iron offers
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India: Sponge iron offers fall in Bellary on limited bids
Sponge iron, PDRI (FeM 80%) and CDRI, prices in Karnataka’s Bellary declined by INR 500/t on 11 May 2022. PDRI deals of 1,600 t were confirmed at INR 35,500-35,800/t exw against offers at INR 35,800/t exw. SteelMint’s assessment for CDRI stands at INR 36,500/t exw and 1,500 t of deals were reported. Prices remain under…