Pellet (Fe 63%) prices in Bellary, Karnataka inched up by INR 50/t to INR 10,650/t exw on 5 Mar’24 compared to 1 Mar. A deal of around 3,000 t was concluded at INR 10,750/t exw. Limited trade volumes witnessed and slight improvement in the sponge prices kept pellet offers firm in the region. Meanwhile, sponge (P-DRI) prices have increased by INR 150/t w-o-w to INR 26,800/t exw.
