Author: Monika Bajaj
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India: Pellet prices in Bellary drop further in recent deals
SteelMint assesses Bellary iron ore pellet (Fe 63%) prices at INR 11,400 against offers at INR 11,600-11,700/t on 31 Aug’21. Confirmed deals of about 24,500 t were recorded in the last couple of days at around INR 11,400-11,600/t exw-Bellary. Market participants expect a correction in offers in the near term. SteelMint’s assessment for Bellary pellet…