- Iron ore pellet (Fe 63%) prices in Bellary, Karnataka remained range-bound at INR 8,900/t exw today, as per SteelMint’s assessment.
- Confirmed deals of 4,000-4,500 t were recorded in this publishing window at around INR 8,800-9,000/t exw.
- Sources reported production cut amidst weak market sentiments.
Pellet-based sponge iron, P-DRI, prices inched up to INR 32,200/t exw against INR 32,100/t on 7 June.
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