India: Pellet prices edge down in Bellary, Karnataka

Iron ore pellet (Fe 63%) prices in Bellary moved down to INR 8,600/t exw on 23 Sep’22 as against INR 8,800/t on 20 Sep, as per SteelMint assessment.

• Confirmed deals of 3,000 t were recorded in this publishing window at around INR 8,600/t exw.
• Pellet-based sponge iron, P-DRI, prices fell to INR 31,150/t exw as against INR 32,000/t on 20 Sep.