Pellet (Fe 63%) prices in Bellary, Karnataka dropped by INR 150/t to INR 10,500/t exw on 19 Mar’24 compared to 15 Mar. Limited trades and drop in sponge prices led a fall in pellet prices. Deals of 10,000 t were concluded at INR 10,300-10,500/t exw. In addition, sponge (P-DRI) prices decreased by INR 800/t w-o-w to INR 25,700/t exw today against last week’s prices.
