Iron ore pellets (Fe 63%) prices in Bellary, Karnataka inched down by INR 50/t to INR 8,450/t exw today against prices on 28 Oct, as per SteelMint’s assessment. Confirmed deals of 6,500 t were recorded in this publishing window at INR 8,400-8,550/t exw. Pellet-based sponge iron, P-DRI, prices dropped to INR 31,750/t exw as against INR 32,050/t on 28 Oct.
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