PELLEX stable at INR 5,900/wmt (DAP Raipur) amid decent transactions reported.
Raipur based pellet offers stable at INR 5,800/MT( Ex-plant). Pellet deals for around 15,000-20,000 MT reported from Raipur market at INR 5,800/MT(Ex-plant); normalizing for freight to Raipur at INR 5,950/MT (DAP Raipur).
No pellet export deal reported in this publishing window. SteelMint Pellet Exports assessment stands for Fe 64% (3% Alumina) at around USD 91/MT, FoB India.
Odisha Mining Corporation (OMC) had scheduled its iron ore fines e-auction yesterday (21st Oct’19). The auction fetched bids higher above base price by INR 150-500/MT. Entire offered quantity 276,000 MT iron ore fines got booked.
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