Central India-based steelmaker Godawari Power and Ispat Ltd (GPIL) has lowered pellet offers for the domestic market, sources informed SteelMint. Current offers have fallen by INR 500/t ($7) to INR 13,500/t exw. Decline in pellet export realisations and drop in offers from nearby markets such as Raigarh and Jharsuguda have weakened pellet offers in Raipur, SteelMint notes.
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