India: Pellet prices inch down in Bellary, Karnataka

Iron ore pellet (Fe 63%) prices in Bellary inched down to INR 8,450/t exw today as against INR 8,500/t on 14 Jun’22, as per SteelMint assessment.

• Confirmed deals of 14,000 t were recorded in this publishing window at around INR 8,250-8,600/t exw.
• Pellet-based sponge iron, P-DRI, prices increased up to INR 32,400/t exw against INR 32,250/t on 14 June.