Iron ore pellet (Fe 63%) prices in Bellary, Karnataka remain range-bound at INR 10,200/t exw today, as per SteelMint assessment. However, offers are likely to rise further in the near term.
- Deals for 18,000 t were confirmed in this publishing window at around INR 10,000- 10,200/t exw.
- Pellet-based sponge iron, P-DRI, prices moved up to INR 36,500/t exw against INR 35,250/t on 25 February.
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