Tag: bellary iron ore offers

India: Bellary pellet offers slide amid downturn in sponge iron prices

May 25, 2021

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by

Monika Bajaj

in Fines/Lumps

Karnataka, Bellary-based iron ore pellet producers are expected to witness a decline in prices with low bids received amid the downslide in sponge iron prices, as per latest SteelMint reports. A few pellet makers are quoting at around INR 13,500/t, exw-Bellary, for Fe 63% material. However, bids are heard at around INR 13,000/t, exw. Also,…