Karnataka: Pellet prices remain stable in Bellary
Bellary's pellet (Fe63%) prices remained stable at INR 9,350/t ($112/t) exw on 20 September, 2024 compared to 17 Sep. Deals of 10,000 t concluded at INR 9,300-9,400/t ($111-113/t). Moderate trading activities came to the fore in the region as buyers have already purchased sufficient material keeping pellet prices unchanged. Sponge iron prices remained largely stable at INR 25,100/t ($300/t) w-o-w exw.