Indian pellet prices correct marginally on weak buying

Indian pellet prices correct slightly on weak buying interest from sponge manufacturers.63% Fe is being offered at Rs 9,000/t from Barbil (Odisha) loaded to wagons, down by Rs 100-200/t from last week.

Sources report 63% Fe pellets from Keonjhar (Odisha) corrected by Rs 200-300/t and is offered at Rs 8,800-9,000/t (Ex-Keonjhar).

Where as pellet availability is critical in Bellary and prices are in range of Rs 8300-8600/t for 63% Fe.


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