Iron ore Pellet prices in Indian market are standing at same levels for last couple of weeks.
Limited availability of iron ore are not allowing manufacturers to lift Pellet offers from current levels.
Imports have become costlier for Indian importers by around Rs 500-800/MT on account of rising iron ore prices in China.
However, supply of Pellet is quite good in domestic market to cater to the need of Pellet users due to which option of expensive imports have come down.
Pellet makers are of the view that although buying activities have not slowed down, there are fewer chances of any hike in domestic Pellet prices in the week ahead.
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