Tag: Bellary pellet
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India: Bellary pellet prices fall on decreasing sponge offers
Bellary iron ore pellet (Fe 63%) prices have fallen to INR 12,000-12,100/t as against INR 12,150/t assessed on 29 Oct’21. Deals for 3,000 t were heard at INR 12,200/t exw. P-DRI prices fell to INR 32,800/t exw-Bellary against INR 33,700/t a week ago. Pellet offers are expected to drop further and, hence, buyers are adopting…