India: Over 40,000 t of pellet deals reported in Raipur, prices fall

Pellet prices in Raipur have inched down in recent deals, as per latest updates available with SteelMint.

• A Raipur-based pellet manufacturer has sold around 22,000 t of pellets (Fe 63%) at INR 12,600/t exw.
• Another deal for around 20,000 t was heard concluded by a Raipur-based sponge iron producers at INR 13,000/t F.O.R Raipur from a Jajpur-based pellet producer.