India: Pellet prices decrease in Bellary, Karnataka

Iron ore pellet (Fe 63%) prices in Bellary moved down to INR 9,600/t exw today as against INR 9,850/t on 23 Aug, as per SteelMint assessment.

• Confirmed deals of 25,000-26,000 t were recorded in this publishing window at around INR 9,500-9,700/t exw.
• Pellet-based sponge iron, P-DRI, prices moved down to INR 33,700/t exw as against INR 34,100/t on 23 Aug’22.