South India (Karnataka) based – NMDC Donimalai Pellet Plant has reduced pellet offers by INR 500/MT to INR 6,000/MT as against last offer at INR 6,500/MT (FoT basis).
Current offers are on FoT basis for Fe 64% pellets for a quantity of 23,000 MT on advance payment basis. The price validity is till 31st Aug’19. Rake loading can be arranged at an extra cost of INR 105/MT (including GST).
Bellary merchant pellet makers have depicted stability in prices at INR 6,200-6,300/MT W-o-W. Trades remained on the lower side in the Bellary region with few pellet makers not actively offering in the market.
NMDC Ltd is operating 1.2 MnT pa capacity pellet plant located at Donimalai, Karnataka.
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