India: Pellet prices edge down in Bellary, Karnataka

Iron ore pellet (Fe 63%) prices in Bellary inched down to INR 8,800/t exw on 16 Sept’22 as against INR 8,900/t on 13 Sept, as per SteelMint assessment.

  • Confirmed deals of 25,000 t were recorded in this publishing window at around INR 8,700-8,900/t exw.
  • Pellet-based sponge iron, P-DRI, prices moved down to INR 32,500/t exw as against INR 32,650/t on 13 Sept’22.

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