Tag: Sponge iron offer Bellary
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India: About 8,000 tonne sponge iron deals concluded in Bellary
Sponge iron PDRI (FeM 80%) prices increased by INR 200/t and 6,000 t deals were concluded between INR 28,500-28,800/t exw against offers at INR 28,800/t exw on 28 Nov’22. Iron ore lump-based DRI (CDRI) prices remain stable at INR 30,000/t exw & around 2,200 t deals were confirmed. Buyers made substantial bookings today with a…