Pellet (Fe 63%) prices in Bellary, Karnataka inched up by INR 50/t to INR 10,400/t exw on 9 Apr’24 compared to 5 Apr. Deals of 10,000 t of pellet booked in the publishing window. Lower trade activities witnessed due to holidays, whereas, rise in sponge prices have supported pellet prices in the region. In addition, sponge (P-DRI) prices increased by INR 750/t w-o-w to INR 27,000/t exw today.
