SteelMint

Tag: sponge iron bellary

  • India: Sponge iron prices inch down in Bellary, Karnataka

    India: Sponge iron prices inch down in Bellary, Karnataka

    —

    by

    Prashasti Giri
    in

    Sponge iron PDRI (FeM 80%) prices in Karnataka’s Bellary remained stable (-INR 50/t) d-o-d while iron ore-based DRI (CDRI) prices declined by INR 100/t today. 2,700 t of PDRI deals were confirmed at INR 34,000-34,100/t exw. SteelMint’s assessment for CDRI stands at INR 34,550/t exw and around 1,300 t deals were reported. Trade activities remain moderate…