Tag: Bellary pellet
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India: Bellary pellet prices inch down on falling sponge offers
Bellary iron ore pellet (Fe 63%) prices have dropped to INR 13,000/t as against INR 13,200-13,300/t assessed on 19 Oct’21. Confirmed deals of 2,000 t were recorded at INR 12,900/t exw. P-DRI prices fell to INR 35,800/t exw against INR 36,800/t assessed on 19 Oct. As per market participants, falling bids have resulted in the…