India: Pellet prices in Bellary inch up in recent deals

SteelMint’s assessment for iron ore pellet (Fe 63%) prices in Bellary increased to INR 10,250/t exw today against INR 10,150/t on 4 Jan.

• Confirmed deals for 17,000 t were recorded in this publishing window at around INR 10,000-10,450/t exw.
• Pellet-based sponge iron, P-DRI, prices inched up to INR 30,300/t exw against INR 30,200/t on 4 Jan.