Pellet (Fe63%) prices in Bellary, Karnataka remained stable at INR 9,500/t ($113/t) exw on 20 Aug’24 compared to 16 Aug. Around 10,000 t of deal were recorded in this publishing window. Sponge iron (P-DRI) prices were largely stable w-o-w at INR 25,900/t ($309/t) exw today against 14 Aug’24. However, NMDC Donimalai cut iron ore prices recently amid weak demand.
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