Pellet (Fe 63%) prices in Durgapur remained stable at INR 7,400/t exw compared to the last assessment on 4 Oct’22. Limited deals of around 3,000 t were concluded at INR 7,500/t exw. Deals of around 4,000 t were concluded recently by a Kharagpur-based player at INR 6,800/t exw. Pellet-based sponge iron, P-DRI, prices inched up to INR 32,300/t exw today against 1 Oct.

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