India: Pellet prices in Bellary inch up in latest deals

Iron ore pellet (Fe 63%) prices in Bellary rose to INR 10,400/t exw today against INR 10,250/t on 25 Jan, as per SteelMint assessment.

• Confirmed deals for 12,000 t were recorded since the end of last week at INR 10,300-10,400/t exw.
• Pellet-based sponge iron, P-DRI, prices inched up to INR 33,800/t exw against INR 32,800/t on 25 Jan.