Raipur (central India) based pellet manufacturers have further increased their offers sharply around INR 1,000-1,500 ($13-20)/t today. The current offer for Fe 63% pellet stands at INR 15,000/t exw Raipur, SteelMint learned from sources. Pellet offers have moved up after NMDC raised prices today. NMDC has today raised iron ore fines price by INR 500/t and DR CLO by INR 1,280/t, marking 2nd hike in Apr’21.
Leave a Reply