Pellet (Fe63%) prices in Bellary, Karnataka remained stable at INR 9,800/t ($117/t) exw on 26 Jul’24 compared to 23 Jul’24. Around 29,000 t of deals were recorded at INR 9,700-9,900/t in this publishing window. Active pellet trades amid restocking activities have supported pellet prices in the region. Meanwhile, sponge iron (P-DRI) prices inched up by INR 50/t d-o-d to INR 25,850/t exw today.
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