India: Pellet prices remain range-bound in Bellary

Iron ore pellet (Fe 63%) prices in Bellary, Karnataka remain range-bound at INR 10,250/t exw today, as per SteelMint assessment.

• Deals for 4,000 t were confirmed in this publishing window at around INR 10,200- 10,400/t exw.
• Pellet-based sponge iron, P-DRI, prices fell up to INR 32,500/t exw against INR 33,000/t on 11 Feb.