Pellet (Fe63%) prices in Bellary remained stable at INR 10,550/t ($126/t) exw on 15 Oct’24 compared to 11 Oct. Deals of 21,000 t were concluded at INR 10,300-10,750/t ($123-128/t). However, buying activity was largely need-based. Many buyers already procured material over the last few weeks. Sponge PDRI prices also fell by INR 500/t ($6/t) to INR 27,300/t exw ($325/t) w-o-w.
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