Pellet (Fe63%) prices in Bellary remained stable at INR 10,550/t ($125/t) exw on 22 Oct’24 compared to 18 Oct. Deals of 18,000 t were concluded at INR 10,300-10,600/t ($123-126/t). However, trades may remain slower in the coming days amid weak market sentiments in the steel segments. Sponge PDRI prices decreased by INR 1,300/t ($15/t) w-o-w to INR 26,000/t exw ($309/t).

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