India: Bellary pellet prices up in recent deals

Bellary iron ore pellet (Fe 63%) prices have increased to INR 13,200-13,300/t as against INR 12,700-12,800/t exw assessed on 8 Oct’21.

• Confirmed deals of 9,000 t were recorded at around INR 13,000-13,500/t exw.
• P-DRI prices increased to INR 37,000/t exw against INR 34,800/t assessed on 8 Oct.
• Pellet prices have increased amid a rise in sponge prices.