A major pellet plant in Raipur has raised offers by INR 300/t ($4/t) to INR 9,700-9,800/t ($117-118/t) exw today. Offers increased following the iron ore price revision by NMDC which has raised prices of DR-CLO by INR 300/t and fines by INR 400/t. Last week, the pellet producer had reduced prices by INR 500 ($6/t).
