Tag: Bellary Sponge Iron
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India: Bellary sponge iron prices fall on limited enquiries
Sponge iron, P-DRI (FeM 80%), prices in Karnataka’s Bellary declined by INR 200/t, while C-DRI prices decreased by INR 300/t on 29 Dec’21. Around 700 t of P-DRI deals were confirmed at INR 30,000/t against offers at INR 30,200/t exw. SteelMint’s assessment for C-DRI stands at INR 30,800-31,000/t ($412-415/t) and around 500 t of deals…