India: Pellet prices increase in Bellary, Karnataka

Iron ore pellet (Fe 63%) prices in Bellary increased up to INR 11,350/t exw today against INR 10,700/t on 4 Mar, as per SteelMint’s assessment.

• Deals for 10,000 t were confirmed in this publishing window at around INR 11,200/t exw.
• Pellet-based sponge iron, P-DRI, prices moved up to INR 41,500/t exw against INR 39,100/t on 4 Mar.