SteelMint’s assessment for Bellary iron ore pellet (Fe 63%) currently stands at INR 12,000/t, stable against the previous assessment on 6 Jul’21. Bellary pellet prices are hovering at three-month low levels, as per records.
- Pellet offers in the Bellary market are at around INR 12,000-12,200/t exw.
- A confirmed trade heard for 30,000 t of pellets was concluded at INR 12,200/t exw.
- Another confirmed trade for about 8,000 t of pellets was heard concluded at INR 12,000/t exw.
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