Iron ore pellets (Fe 63%) prices in Bellary, Karnataka, remained stable at INR 9,000/t exw on 7 Feb’23 compared to 3 Feb. Prices in the region have been largely stable since last three weeks. Confirmed deals of 8,000 t were recorded in this publishing window at INR 9,000/t exw. Pellet-based sponge iron, P-DRI, prices fell by INR 450/t w-o-w to INR 29,800/t exw today.

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