India: Durgapur pellet prices inch down in recent deals

Durgapur-based pellet manufacturers have decreased their offers due to bearish market sentiments.

• SteelMint’s assessment for Durgapur pellet (Fe 63%) stands at INR 14,350/t exw, down by INR 150/t against the previous assessment.
• Around 8,000 t of pellets were sold at INR 14,300-14,500/t exw recently.