Author: Monika Bajaj
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India: Bellary pellet prices edge down in recent trades
SteelMint assesses Bellary iron ore pellet (Fe 63%) prices at INR 11,600-11,700/t exw, down compared to the last assessment of INR 11,900-12,100/t on 24 Aug’21. The market has witnessed a downtrend owing to a drop in sponge prices resulting in a reduction in pellet prices. Confirmed deals of about 7,000 t were recorded at INR…