India: Pellets, sponge iron prices stable in Bellary

Iron ore pellets (Fe 63%) prices in Bellary, Karnataka, remained stable at INR 9,000/t exw today, as per SteelMint’s assessment. Prices have been largely stable in the last two weeks. Confirmed deals of 13,000 t were recorded in this publishing window at INR 9,000-9,100/t exw. Pellet-based sponge iron, P-DRI, prices in Bellary remained unchanged w-o-w at INR 30,250/t exw today.


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