PELLEX Up by INR 100/MT to INR 6,200/WMT (DAP Raipur)

PELLEX(DAP Raipur), 63.5% Fe up by INR 100/MT at INR 6,200/wmt in recent deals.

Deals of about 10,000-20,000 MT pellets reported from Raipur market at INR 6,100/MT (Ex-Raipur); normalizing for freight to Raipur at INR 6,250/MT (DAP Raipur).

Raipur based pellet makers raised offers by INR 100-200/MT to INR 6,200-6300/MT( Ex-plant); normalizing for freight to Raipur at INR 6,350-6450/MT (DAP Raipur).

Raigarh based pellet offers stable at INR 5,500 (Ex-plant), normalizing freight to Raipur at INR 6,150/MT (DAP Raipur). One of the pellet makers from Raigarh will be taking maintainence shutdown for next week.

SteelMint P-DRI Assessment (Nov 22, 2019) increased by INR 100/MT to INR 16,500/MT (Ex-Raipur) against INR 16,400/MT towards beginning of the week.

Click here to see SteelMint Pricing Methodology and Rationale documents.

To provide feedback/suggestions, please contact info@steelmint.com 


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