Indian Iron Pellet prices firm on low iron ore supply

Iron Pellet is being offered at same prices in domestic Indian market as compared to offers made earlier.

According to Pellet manufacturers across the country, “Demand for Iron Pellet is decent and we are getting orders in good quantities.

But, there are almost no chances of any price hike for around a week more.

Less availability of iron ore is not letting prices of Iron Pellets to move up.

Hence, we are offering the material at similar prices as compared to the previous week”.

Current offers for Fe% 63 Iron Pellet: 

Barbil (Odisha) Rs 7,800-8,000/MT

Adhunil Metaliks Ltd (Tatanagar, Jamshedpur): Rs 8,000/MT

Bellary (Karnataka):

MSPL Ltd Rs 7,900/MT (Fe% 62.5 – 63)

Janki Corp Ltd Rs 7,000/MT (Fe% 60)

BMM Ispat Rs 7,500/MT (Fe% 60)


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