India: Durgapur pellet prices down by INR 200/t

Durgapur pellet prices have witnessed a correction due to bearish market sentiments and declining pellet export realisations.

  • SteelMint’s current assessment for Durgapur pellet (Fe 63%) stands at INR 14,500/t, down by INR 200/t ($3) against the previous assessment.
  • Around 5,000 t of pellet sales were recorded at INR 14,300/t exw recently.

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