Iron ore pellets (Fe 63%) prices in Bellary, Karnataka declined by INR 200/t to INR 8,350/t exw today against INR 8,550/t exw on 22 Nov, as per SteelMint’s assessment. Confirmed deals of 5,000 t were recorded in this publishing window at INR 8,300-8,400/t exw. Pellet-based sponge iron (P-DRI) prices fell by 1,450/t to INR 28,100/t exw today against INR 29,550/t exw on 22 Nov.

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