Tag: Bellary Sponge Iron
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India: Over 10,000 t sponge iron deals concluded in Bellary, Karnataka
Sponge PDRI (FeM 80%) and CDRI prices in Karnataka’s Bellary moved up marginally by INR 150/t and INR 50/t respectively on 16 Aug. About 5,450 t of PDRI deals were confirmed at INR 34,900-35,400/t exw, against offers at INR 35,500/t exw. SteelMint’s assessment for CDRI stands at INR 36,200/t exw and around 4,900 t of…