India: Pellet prices decrease in Bellary, Karnataka

Iron ore pellet (Fe 63%) prices in Bellary moved down to INR 9,050/t exw on 6 Sept’22 as against INR 9,250/t on 2 Sept, as per SteelMint assessment.

• Confirmed deals of 15,000 t were recorded in this publishing window at around INR 9,000-9,100/t exw.
• Pellet-based sponge iron, P-DRI, prices inched down to INR 32,900/t exw against INR 32,950/t on 2 Sept’22.