SteelMint assesses Bellary iron ore pellet (Fe 63%) prices at INR 11,900-12,100/t exw, down compared to the last assessment of INR 12,300/t on 20 Aug’21.
- Confirmed deals of about 7,000 t of pellets were recorded at INR 12,000/t exw-Bellary.
- Bellary pellet offers have fallen amid falling P-DRI prices and decline in pellet offers in other regions.
- SteelMint’s assessment for Bellary pellet sponge (P-DRI) decreased by INR 850/t w-o-w to INR 29,100/t exw as against INR 29,950/t on 17 Aug.
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