India: Pellet trade in Durgapur picks up, prices range-bound

  • SteelMint’s assessment for iron ore pellets (Fe 63%) remains range-bound at INR 11,500/t exw-Durgapur, today.
  • Deals for 33,000-38,000 t were confirmed in this publishing window at around INR 11,000-11,400/t exw Durgapur.
  • Also, deals of around 30,000 t were heard to have been concluded yesterday by a Kharagpur-based player at INR 10,800/t exw.

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