India: Pellet prices edge up in Bellary, Karnataka

Iron ore pellets (Fe 63%) prices in Bellary inched up to INR 8,600/t exw on 21 Oct’22 as against INR 8,550/t on 18 Oct, as per SteelMint assessment.

• Confirmed deals of 36,000 t were recorded in this publishing window at INR 8,400-8,650/t exw.
• Pellet-based sponge iron, P-DRI, prices moved up to INR 32,100/t exw as against INR 31,900/t on 18 Oct.