Pellet (Fe 63%) prices in Bellary, Karnataka remained stable at INR 10,500/t exw on 7 May’24 compared to 3 May. Deals of around 5,000 t were concluded in this publishing window amid lower trade activities due to elections in the region. Meanwhile, sponge (P-DRI) prices remained flat d-o-d at INR 29,000/t exw today.
