Iron ore pellets (Fe 63%) prices in Bellary, Karnataka, decreased by INR 150/t to INR 8,650/t exw today compared with INR 8,900/t exw on 6 Jan, as per SteelMint’s assessment. Confirmed deals of 3,000 t were recorded in this publishing window at INR 8,600-8,700/t exw. Pellet-based sponge iron, P-DRI, prices moved down by INR 1,200/t to INR 29,700/t exw on 10 Jan against INR 30,900/t exw a week ago.

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