Iron ore pellet (Fe 63%) prices in Bellary inched up to INR 10,000/t exw today as against INR 9,900/t on 12 August, as per SteelMint assessment. However, no deals were recorded in this publishing window. Pellet-based sponge iron, P-DRI, prices moved up to INR 35,150/t exw against INR 34,800/t on 12 August. The shortage of scrap kept sponge iron demand supported.
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