India: Bellary pellet prices drop in recent deals

Bellary iron ore pellet (Fe 63%) prices dropped to INR 11,300/t today against INR 11,500/t on 17 Sep’21.

• Confirmed deals of about 8,000 t were recorded at around INR 11,200/t exw.
• P-DRI prices dropped to INR 29,900/t exw versus INR 30,000/t a week ago.
• As per market reports, deals were heard concluded for Gujarat-based mills.