India: Bellary pellet prices stable in recent deals

Bellary iron ore pellet (Fe 63%) prices remain stable at INR 13,200-13,300/t.

• Confirmed deals of 7,000 t were recorded at around INR 13,100-13,200/t exw.
• P-DRI prices fell to INR 36,800/t exw against INR 37,000/t assessed on 12 Oct which may put some pressure on pellet offers.