Tag: Bellary Sponge Iron
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India: Limited buying weighs on sponge iron offers in Bellary, Karnataka
Sponge iron, PDRI (FeM 80%), prices in Bellary went down marginally by INR 100/t while CDRI prices were down by INR 50/t on 6 Sep’22. PDRI deals of 1,100 t were confirmed at INR 32,800-32,900/t against offers at INR 33,000/t exw. CDRI deals of 1,300 t were concluded at INR 33,900-34,000/t exw. Offers in key…