Intel Details

India: Pellet prices increase in Bellary, Karnataka

5 Aug 2022, 19:26 IST
Steel Mint Intel

Iron ore pellet (Fe 63%) prices in Bellary increased to INR 9,900/t exw today as against INR 9,750/t on 2 August, as per SteelMint assessment.

  • Confirmed deals of 14,000 t were recorded in this publishing window at around INR 9,800-10,100/t exw.
  • Pellet-based sponge iron, P-DRI, prices inched up to INR 34,800/t exw against INR 34,400/t on 2 August. Increase in sponge iron prices and delay in dispatches kept pellet demand supported.

5 Aug 2022, 19:26 IST
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