Iron ore pellet (Fe 63%) prices in Bellary inched up to INR 9,400/t exw today as against INR 9,200/t on 1 July, as per SteelMint assessment.
- Confirmed deals of 9,000 t were recorded in this publishing window at around INR 9,200-9,300/t exw. Low iron ore inventory amidst awaited clarity on sales and limited fresh supply kept pellet demand supported.
- Pellet-based sponge iron, P-DRI, prices remained stable at INR 34,000/t exw against 1 July.
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