India: Pellets prices edge down in Bellary

Iron ore pellets (Fe 63%) prices in Bellary, Karnataka inched down by INR 100/t to INR 8,550/t exw today against INR 8,650/t exw on 13 Dec, as per SteelMint’s assessment. Confirmed deals of 12,000 t were recorded in this publishing window at INR 8,500-8,600/t exw. Pellet-based sponge iron, P-DRI, prices moved down by 700/t to INR 29,300/t exw today against INR 30,000/t exw on 13 Dec.


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