Author: Seema Goenka
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Indian Iron Pellet Prices likely to weaken in December
Despite higher Iron ore fines prices in the domestic market, Pellet makers may be compelled to reduce offers owing to weak demand and rising imports of Iron ore. Current prices (basic) of Fe 63% Pellet are standing in the range of INR 8,000-8,500/MT in eastern region and around INR 7,800/MT in southern part. Sponge iron…