India: Pellet prices fall in Bellary on declining sponge offers

Iron ore pellets (Fe 63%) prices in Bellary, Karnataka fell by INR 100/t to INR 8,000/t exw today against INR 8,100/t exw on 15 Nov, as per SteelMint’s assessment. Confirmed deals of 24,000 t were recorded in this publishing window at INR 7,800-8,100/t exw. Pellet-based sponge iron, P-DRI, prices declined by 1,650/t to INR 27,000/t exw today against INR 28,650/t exw on 15 Nov.


Comments

Leave a Reply

Your email address will not be published. Required fields are marked *