India: Pellet prices remain stable in Bellary
Pellet (Fe 63%) prices in Bellary remained stable at INR 10,900/t exw today compared to 19 Dec'23. Pellet makers have not concluded any deal in this publishing window. Raw material has supported pellet prices as participants were booking on need basis. However, sponge (P-DRI) prices decreased by INR 1,200/t w-o-w to INR 27,450/t exw.