Pellet prices in east India have fallen by INR 100-200/MT W-o-W.
Pellet prices in east India have witnessed slight reduction. Barbil Pellet (Fe 63%) prices are at INR 5,600-5,700/MT (loaded into wagons). Durgapur Pellet offers for Fe 63% are hovering in the range of INR 5,900-6,000/MT. While, in Jharsuguda, Pellet (Fe 63%) prices are at INR 5,800/MT.
Pellet offers in Central India continue to remain stable. Raipur Pellet prices are at INR 6,100-6,200/MT (basic).
Similarly, in southern India Pellet prices have remained unchanged over stagnant demand. Bellary Pellet (Fe 63%) prices are at INR 6,500/MT. While, in Hospet current prices for Fe 60% are at INR 6,250/MT (basic).
Indian Pellet Prices
|
City |
Grade | Prices |
|
(Fe %) |
||
| Barbil | 63 | 5,600-5,700* |
| Raipur | 64 | 6,100-6,200 |
| Tatanagar | 63 | 5,700-5,800 |
| Jharsuguda | 63 | 5,800 |
| Durgapur | 63 | 5,900-6,000 |
| Bellary | 63 | 6,500 |
| Hospet | 61 | 6,250 |
Basic prices in INR/MT
*as per loaded into wagons
Source: SteelMint Research
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