Godawari Power and Ispat Ltd (GPIL) has increased domestic pellet (Fe63.5%, +/-0.5) offers by INR 300/t ($4/t) to INR 8,600/t exw ($106/t) from INR 8,300/t exw ($102/t). Confirmed deals of 30,000 t were recorded recently at INR 8,400/t exw ($103/t). Meanwhile, other Raipur-based pellet producers plan to increase their offers, but prices have not yet been revealed.
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