India: Pellets prices remain stable in Bellary

Iron ore pellets (Fe 63%) prices in Bellary, Karnataka remained stable at INR 9,100/t exw compared with 17 Jan, as per SteelMint’s assessment. Confirmed deals of 12,000 t were recorded in this publishing window at INR 9,100-9,200/t exw. Pellet-based sponge iron, P-DRI, prices inched down by INR 150/t to INR 30,700/t exw on 20 Jan against INR 30,850/t exw a week ago.


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