Pellet prices in Odisha’s Barbil have inched down, as per latest reports. SteelMint’s current assessment for iron ore pellets (Fe 63%) stands at INR 8,000/t, loaded on to wagon, down INR 900/t compared to the last assessment of INR 8,900/t on 30 Nov’21. Deals for 16,000-20,000 t of pellets were recorded at INR 8,500/t in the present assessment period. However, a few unconfirmed deals were even heard at around INR 8,000/t levels.
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