Intel Details

Karnataka: Pellet prices rise by INR 100/t ($1/t) in Bellary amid active trades

Pellets
24 Sep 2024, 19:13 IST
Steel Mint Intel

Bellary's pellet (Fe63%) prices increased by INR 100/t ($1/t) to INR 9,450/t ($113/t) exw on 24 Sep'24 compared to 20 Sep. Deals of 50,000 t concluded at increased offers of INR 9,400-9,600/t ($112-115/t) also with few transactions recorded at previous offers. The price rise was largely driven by increase in sponge iron and iron ore prices following the recent auction in Karnataka.

24 Sep 2024, 19:13 IST
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