SteelMint’s assessment for Bellary iron ore pellet (Fe 63%) currently stands at INR 12,800/t exw, up by INR 300/t against the last assessment on 16 Jul’21. Active bookings and steady sponge iron prices keep lending support to pellet offers.
- Confirmed trade for about 11,000 t of pellets (Fe 63%) were heard concluded at INR 12,800/t exw.
- SteelMint’s assessment for Bellary P-DRI has increased to INR 29,000/t as against INR 28,600/t exw a week ago.
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