Pellet (Fe 63%) prices in Bellary, Karnataka fell by INR 150/t to INR 10,550/t exw on 26 Apr’24 compared to 23 Apr. Lack of trade activities and drop in sponge prices have resulted in declining pellet offers in the region. Meanwhile, sponge (P-DRI) prices dipped by INR 650/t w-o-w to INR 27,350/t exw today.
