India: Pellet prices decrease in Bellary, Karnataka

Iron ore pellet (Fe 63%) prices in Bellary inched down to INR 8,500/t exw today as against INR 8,900/t on 10 June, as per SteelMint assessment.

• Confirmed deals of 17,000 t were recorded in this publishing window at around INR 8,500-8,700/t exw.
• Pellet-based sponge iron, P-DRI, prices remained range bound at INR 32,250/t exw against INR 32,200/t on 10 June.