India: Pellet prices remain supportive in Karnataka amid improved trades

Pellet (Fe63%) prices in Bellary, Karnataka inched up by INR 50/t ($1/t) to INR 9,400/t ($112/t) exw on 30 Aug’24 compared to 27 Aug. Around 40,000 t of deals were recorded at INR 9,300-9,550/t ($111-114/t). Decent deals at current offers along with supply concerns due to transportation strike have supported pellet prices in the region.


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