India: Pellets prices remain largely stable in Bellary

Iron ore pellets (Fe 63%) prices in Bellary, Karnataka remained largely stable at INR 8,900/t exw on 24 Feb compared to 21 Feb, as per SteelMint’s assessment. Confirmed deals of 15,000 t were recorded in this publishing window at INR 8,800-9,000/t exw. However, pellet-based sponge iron prices decreased by INR 400/t w-o-w to INR 29,800/t exw today.


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