India: Pellet prices range-bound in Bellary, Karnataka

Iron ore pellet (Fe 63%) prices in Bellary, Karnataka remained range-bound at INR 8,550/t exw today against 14 Oct, as per SteelMint’s assessment.

• Confirmed deals of 2,700 t were recorded in this publishing window at INR 8,500-8,600/t exw.
• Pellet-based sponge iron, P-DRI, prices inched down to INR 31,900/t exw as against INR 32,000/t on 14 Oct.