Category: Pellets

Karnataka: Pellet prices rise sharply by INR 500/t ($6/t) in Bellary

Oct 8, 2024

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by

Nidhi Awasthi

in Pellets

Bellary’s pellet (Fe 63%) prices increased significantly by INR 500/t ($6/t) to INR 10,600/t ($126/t) exw today compared to 4 Oct’24. Deals of around 23,000 t were concluded at INR 10,200-10,800/t ($121-129/t). It is believed that NMDC’s price hike kept pellet prices in the region supported. Meanwhile, sponge iron (PDRI) prices also rose INR 500/t…