Author: Monika Bajaj
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India: Bellary pellet prices drop on falling sponge iron offers
SteelMint assesses Bellary iron ore pellet (Fe 63%) prices at INR 11,900-12,100/t exw, down compared to the last assessment of INR 12,300/t on 20 Aug’21. Confirmed deals of about 7,000 t of pellets were recorded at INR 12,000/t exw-Bellary. Bellary pellet offers have fallen amid falling P-DRI prices and decline in pellet offers in other…