Raipur based major pellet makers have increased offers by INR 400-700/t today (i.e 12th Nov) to INR 10,100-10,500/t exw Raipur. Offers have hit 8-years high as per data maintained with SteelMint. Pellet offers have increased sharply after recent price hike announcement by Odisha iron ore miners. Last deals for pellets in domestic market was reported at INR 9,700-9,700/t exw raipur early this week.
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