India: Pellet prices in Bellary decrease in recent deals

SteelMint’s assessment for iron ore pellet (Fe 63%) prices in Bellary decreased to INR 10,150/t exw today against INR 10,300/t exw on 31 Dec.

• Confirmed deals for 5,000 t were recorded in this publishing window at around INR 10,000-10,300/t exw.
• Pellet-based sponge iron, P-DRI, prices inched up to INR 30,200/t exw against INR 30,100/t on 31 Dec.