India: Pellet prices edge down in Bellary, Karnataka

Iron ore pellet (Fe 63%) prices in Bellary moved down to INR 8,500/t exw on 30 Sep’22 as against INR 8,600/t on 27 Sep, as per SteelMint assessment.

• Confirmed deals of 13,000 t were recorded in this publishing window at around INR 8,400/t exw.
• Pellet-based sponge iron, P-DRI, prices moved up to INR 31,450/t exw as against INR 31,200/t on 27 Sep.