India: Pellet prices in Bellary remain range-bound

SteelMint’s assessment for iron ore pellet (Fe 63%) prices in Bellary remained stable at INR 10,100/t exw today.

• Confirmed deals for 7,000 t were recorded in this publishing window at around INR 10,100-10,200/t exw.
• Pellet-based sponge iron, P-DRI, prices inched up to INR 31,850/t exw against INR 31,300/t on 14 Jan.