Domestic fines market which have been running dull for long time on weak export prices and high export duty, have seen some momentum as big pellet manufacturers like Essar and JSW started buying aggressively.
“There has been good demand from Essar steel and JSW Ispat for high grade fines from Odisha sector, as availability is good and also prices are not very high.Essar steel is taking it to Paradip for its pellet plant and JSW ispat will ship it to Maharashtra and Karnataka from Paradip port for its sintering and pellet plant.” reported a local source based in Odisha.
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