Karnataka: Pellet prices inch down in Bellary
Bellary's pellet (Fe63%) prices dipped by INR 50/t ($1/t) to INR 9,350/t ($112/t) exw on 17 September, 2024 compared to 13 Sep. Deals of 17,000 t concluded at INR 9,300-9,500/t ($111-113/t). Lower trades amid weak demand have weighed on pellet prices in the region. Meanwhile, sponge iron prices decreased by INR 400/t ($5/t) to INR 24,800/t ($296/t) w-o-w exw.