India: Pellets prices inch down in Bellary, Karnataka

Iron ore pellets (Fe 63%) prices in Bellary, Karnataka decreased by up to INR 11,200/t exw today as against INR 11,350/t on 8 March, as per SteelMint assessment.

  • Deals for 14,000 t were confirmed in this publishing window at around INR 11,000-11,200/t exw.
  • Pellets-based sponge iron, P-DRI, prices fell to INR 41,000/t exw as against INR 41,500/t on 8 March.

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