India: Barbil pellet prices inch down, active trades reported

Barbil pellet prices have inched down, although active trades have been reported.

• SteelMint’s current assessment for Barbil iron ore pellet (Fe 63%) stands at INR 11,950/t loaded on to wagon, down INR 50/t compared to the last assessment of INR 12,000/t on 24 Aug’21.
• Active sales of 108,000 t of pellets were recorded at INR 11,850-12,000/t in this publishing window.
• Current offers were heard in the range of INR 11,850-12,000/t.