Bellary’s pellet (Fe63%) prices remained stable at INR 10,600/t ($126/t) exw on 11 Oct’24 compared to 8 Oct. Deals of 31,000 t concluded at INR 10,600-10,800/t ($126-128/t). Moderate buying activity was seen as market participants opted for need-based buying. However, sponge PDRI prices decreased by INR 150/t ($2/t) to INR 27,650/t ($329/t) w-o-w, ex-works.
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