India: Pellet prices range bound in Bellary, Karnataka

Iron ore pellet (Fe 63%) prices in Bellary, Karnataka remained range bound at INR 8,800/t exw today, as per SteelMint’s assessment.

• Confirmed deals of 31,500 t were recorded in this publishing window at around INR 8,650-8,900/t exw.
• Pellet-based sponge iron, P-DRI, prices edged down to INR 32,000/t exw as against INR 32,500/t on 16 Sep’22.