India: Pellet prices range bound in Bellary, Karnataka

Iron ore pellet (Fe 63%) prices in Bellary, Karnataka remained range bound at INR 8,600/t exw today, as per SteelMint’s assessment.

• Confirmed deals of 5,000 t were recorded in this publishing window at around INR 8,600-8,700/t exw.
• Pellet-based sponge iron, P-DRI, prices moved up to INR 31,200/t exw as against INR 31,150/t on 23 Sep.