Raipur-based pellet makers have reduced their pellet offers for Fe 63%(+/_0.5%) by INR 200/t ($2.5/t) to INR 8,900/t ($106/t) exw-Raipur, today. The recent drop in OMC fines bids m-o-m for the August auction and competitive pellet offers from the Odisha region led to this fall in offers.
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