Tag: Limited deals recorded in sponge iron bellary

India: Sponge iron offers fall in Bellary on limited deals

Jan 5, 2022

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by

Prashasti Giri

in Sponge Iron

Sponge P-DRI (FeM 80%) prices in Karnataka’s Bellary fell by INR 150/t, while C-DRI prices declined by INR 100/t on 5 Jan’22. Around 2,000 t of P-DRI deals were confirmed at INR 29,700-30,200/t against offers at INR 30,200/t exw SteelMint’s price assessment for C-DRI stands at INR 30,900/t ($415) and around 2,000 t of deals…