Pellet (Fe63%) prices in Bellary, Karnataka remained stable at INR 9,800/t ($117/t) exw on 6 Aug’24 compared to 2 Aug’24. Around 7,000 t of deals were recorded at INR 9,550-9,900/t in this publishing window. Lower trade volumes, influenced by weak demand during the monsoon season. Meanwhile, sponge iron (P-DRI) prices decreased by INR 700/t w-o-w to INR 25,750/t exw today.
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