India: Bellary pellet offers stable at INR 13,000/t

SteelMint’s assessment for Bellary iron ore pellet (Fe 63%) stands at INR 13,000/t exw, stable as against the last assessment on 30 Jul’21.

• Confirmed trade for about 12,500 t of pellets was concluded at around INR 13,000/t exw in the last couple of days.
• SteelMint’s assessment for Bellary P-DRI picked up by INR 300/t w-o-w to INR 29,400/t exw.