India: Pellet prices in Bellary edge lower in fresh deals

SteelMint assesses Bellary iron ore pellet (Fe 63%) at INR 12,500 /t exw, slightly lower compared to the last assessment of INR 12,500-12,600/t on 13 Aug’21.

• Confirmed trade of about 22,000 t of pellets from private players have been recorded at INR 12,500-12,600/t exw Bellary in the last three days.
• SteelMint’s assessment for Bellary pellet sponge (P-DRI) increased to INR 29,950/t exw as against INR 29,600/t as assessed on 13 Aug.