Iron ore pellets (Fe 63%) prices in Bellary, Karnataka, increased by INR 150/t to INR 8,800/t exw today against INR 8,650/t exw on 30 Dec’22, as per SteelMint assessment. Confirmed deals of 7,000 t were recorded in the last few days at INR 8,800-8,850/t exw. Pellet-based sponge iron, P-DRI, prices moved up by 500/t to INR 30,900/t exw on 3 Jan against INR 30,400/t exw on w-o-w.
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