India: Pellet prices in Barbil increase in recent deals

Iron ore pellet prices in Odisha’s Barbil increased this week, as per SteelMint assessment.

• The current price for pellets (Fe 63%) stands at INR 10,100/t loaded on to wagon, up by INR 350/t against 14 Jan’22.
• Deals for 8,000 t of pellets were recorded at INR 10,000/t over the last two days.