Karnataka, Bellary-based iron ore pellet producers have decreased offers today following a drop in sponge iron P-DRI prices to about INR 27,000-27,200/t, as per SteelMint reports. Pellet offers are in the range of INR 12,000-12,800/t, exw-Bellary, compared to previous offers of INR 13,500/t, exw. Also, deals have been heard concluded for pellets at INR 12,800-12,900/t, exw.
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