India: Pellet prices range-bound in Bellary, Karnataka

Iron ore pellet (Fe 63%) prices in Bellary, Karnataka remained range-bound at INR 9,200/t exw today, as per SteelMint assessment.

• Deals for 8,000 t were confirmed in this publishing window at around INR 9,100-9,300/t exw.
• Pellet-based sponge iron, P-DRI, prices increased up to INR 31,850/t exw against INR 31,100/t on 27 May.