Iron ore pellets (Fe 63%) prices in Bellary, Karnataka fell by INR 300/t to INR 8,100/t exw today against INR 8,400/t exw on 11 Nov, as per SteelMint’s assessment. Confirmed deals of 5,500 t were recorded in this publishing window at INR 8,000-8,300/t exw. Pellets-based sponge iron, P-DRI, prices declined by 1,350/t to INR 28,650/t exw today against INR 30,000/t exw on 11 Nov.
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