India: Bellary pellet prices up on active demand, hike in sponge offers

SteelMint’s assessment for Bellary iron ore pellet (Fe 63%) stands at INR 13,000/t exw as against INR 12,800/t exw on 20 Jul’21.

• Confirmed trade for about 10,000 t of pellets were concluded at around INR 13,000/t exw.
• SteelMint’s assessment for Bellary P-DRI increased by INR 200/t to INR 29,400/t exw today.