India: Durgapur pellet prices range bound on active trading

Pellet (Fe 63%) prices in Durgapur were assessed at INR 7,000/t exw compared to the last assessment of INR 7,050/t on 13 Sep. Deals of around 54,000 t were concluded at INR 6,900-7,000/t exw in the present assessment period. Pellet-based sponge iron, P-DRI, prices moved up to INR 31,800/t exw today as against INR 31,650/t on 13 Sept’22


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