Pellet (Fe 63%) prices in Bellary, Karnataka inched up by INR 50/t to INR 10,650/t exw on 27 Feb’24 compared to 23 Feb. Deals of around 21,000 t were concluded at INR 10,600-10,700/t exw. Active bookings from buyers kept pellet prices stable in the region. Meanwhile, sponge (P-DRI) prices have remained largely stable w-o-w at INR 26,650/t exw.
