India: Pellet prices rise by INR 550/t in Bellary

Iron ore pellets (Fe 63%) prices in Bellary, Karnataka increased by INR 550/t to INR 8,550/t exw today against INR 8,000/t exw on 18 Nov, as per SteelMint’s assessment. Confirmed deals of 11,500 t were recorded in this publishing window at INR 8,450-8,600/t exw. Pellet-based sponge iron, P-DRI prices improved by 2,550/t to INR 29,550/t exw today against INR 27,000/t exw on 18 Nov.


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