Pellet (Fe63%) prices in Bellary, Karnataka remained stable at INR 10,050/t exw on 2 Jul’24 compared to 28 Jun. Around 26,000 t of deals were concluded at INR 10,000-10,200/t. Trading activities were recorded at similar levels keeping pellet prices supported in the region. However, sponge iron (P-DRI) prices rose by INR 600/t w-o-w to INR 26,600/t exw today.
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