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 11 Oct’22 as against INR 8,500/t on 7 Oct, as per SteelMint assessment.

• Confirmed deals of 6,000 t were recorded in this publishing window at INR 8,400-8,800/t exw.
• Pellet-based sponge iron, P-DRI, prices moved up to INR 32,150/t exw as against INR 31,950/t on 7 Oct.