India: Pellet prices inch down in Bellary, Karnataka

Iron ore pellet (Fe 63%) prices in Bellary inched down to INR 11,000/t exw today against INR 11,050/t on 17 March, as per SteelMint’s assessment.

• Deals for 11,000 t were confirmed in this publishing window at around INR 10,800-11,000/t exw.
• Pellet-based sponge iron, P-DRI, prices moved up to INR 39,000/t exw against INR 38,200/t on 17 March.