Author: Nishtha Mukherjee
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East India Pellet Offers Increase Sharply in Line with Rise in P-DRI Prices
Pellet manufactures in eastern India have raised pellet offers by INR 100-400/MT W-o-W. After witnessing correction and dull demand in past few weeks, eastern India based pellet makers have sharply raised pellet offers this week. However few market sources remained skeptical whether the price hike will sustain or not. Factors which have resulted in recent…