Iron ore pellet (Fe 63%) prices in Bellary decreased to INR 10,250/t exw today against INR 11,050/t on 8 Feb, as per SteelMint’s assessment. Lower bids amidst decline in P-DRI prices have weighed down pellet offers.
- Confirmed deals for 13,000 t were recorded in this publishing window at around INR 10,200- 10,500/t exw.
- Pellet-based sponge iron, P-DRI, prices fell up to INR 33,000/t exw against INR 34,000/t on 8 Feb.
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