Iron ore pellets (Fe 63%) prices in Bellary, Karnataka, decreased by INR 150/t to INR 8,800/t exw on 14 Feb compared to INR 8,950/t exw on 10 Feb, as per SteelMint’s assessment. Confirmed deals of 6,000 t were recorded in this publishing window at INR 8,700/t exw. Pellet-based sponge iron, P-DRI, prices fell by INR 350/t w-o-w to INR 29,450/t exw today.

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