India: Pellet prices decrease in Bellary, Karnataka

Iron ore pellet (Fe 63%) prices in Bellary inched down to INR 9,900/t exw today as against INR 10,000/t on 17 May, as per SteelMint assessment.

• Confirmed deals for 15,000 t were recorded in this publishing window at around INR 10,150/t exw.
• Pellet-based sponge iron, P-DRI, prices inched down to INR 34,600/t exw against INR 34,650/t on 17 May.