Pellet (Fe 63%) prices in Bellary, Karnataka remained stable at INR 10,800/t exw on 30 Jan’24 as compared to 25 Jan’24. Deals of around 34,500 t of pellets were concluded at INR 10,700-10,850/t. Active deals and hike in iron ore prices have kept pellet prices supported in the region. However, sponge (P-DRI) prices increased by INR 150/t w-o-w to INR 26,650/t exw.
