Raipur (central India) based pellet manufacturers have further increased their offers today. The current offer for Fe 62.5 and 63% pellet stands at INR 13,000 & 13,500/t exw Raipur respectively, SteelMint learned. Trade sources have confirmed that around 5,000 t pellet deals have been concluded at INR 12,700/t exw Raipur. Tighter availability of iron ore lump has supported pellet price hike.
Leave a Reply