India: Pellet prices in Bellary inch up in latest deals

SteelMint’s assessment for iron ore pellet (Fe 63%) prices in Bellary rose to INR 10,250/t exw today against INR 10,100/t on 21 Jan.

• Confirmed deals for 6,000 t were recorded since the end of last week at INR 10,300-10,400/t exw.
• Pellet-based sponge iron, P-DRI, prices inched up to INR 32,800/t exw against INR 32,450/t on 21 Jan.