Author: Monika Bajaj
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India: Bellary pellet prices slide in recent deals, further drop likely
Iron ore pellet (Fe 63%) prices in Bellary have fallen to INR 11,700-11,800/t exw compared to INR 12,000-12,100/t on 6 Nov’21. Deals for around 23,500 t were heard at INR 11,600-11,800/t exw. P-DRI prices fell to INR 31,400/t exw-Bellary against INR 32,800/t a week ago. Pellet offers are expected to decline further during the week…