India: Pellet prices decrease in Bellary, Karnataka

Iron ore pellet (Fe 63%) prices in Bellary inched down to INR 10,450/t exw today as against INR 10,640/t on 3 May, as per SteelMint assessment.

• Deals for 13,000 t were confirmed in this publishing window at around INR 10,300-10,500/t exw.
• Pellet-based sponge iron, P-DRI, prices decreased to INR 36,550/t exw as against INR 36,800/t on 3 May.