Tag: Bellary Sponge Iron price falls

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

Feb 10, 2022

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by

Prashasti Giri

in Sponge Iron

Sponge PDRI (FeM 80%) prices in Karnataka’s Bellary fell by INR 250/t, while CDRI prices also declined by INR 200/t on 10 Feb’22. About 4,600 t of PDRI deals were confirmed at INR 33,200-33,300/t against offers at INR 33,500/t exw in Bellary today. SteelMint’s assessment for CDRI stands at INR 33,500/t ($447/t) and 2,700 t…