India: Pellet prices remain range-bound in Bellary

Bellary iron ore pellet (Fe 63%) prices remain stable at INR 9,600/t.

  • Confirmed deals for 15,000 t were recorded in this publishing window, following which offers were increased today to INR 9,700/t.
  • Pellet-based sponge iron, P-DRI, prices increased to INR 28,900/t exw against INR 27,800/t on 21 Dec.

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