Iron ore pellets (Fe 63%) prices in Bellary, Karnataka increased by INR 100/t to INR 8,500/t exw today against INR 8,400/t exw on 23 Dec, as per SteelMint’s assessment. Confirmed deals of 15,000 t were recorded in the last few days at INR 8,400-8,800/t exw. Pellet-based sponge iron, P-DRI, prices moved up by 1,150/t to INR 30,400/t exw today against INR 29,250/t exw w-o-w.
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