India: Durgapur pellet prices fall by INR 200/t

Durgapur-based pellet manufacturers have decreased offers due to bearish market sentiments and falling realisations in the pellet export market.

• SteelMint’s assessment for Durgapur pellet (Fe 63%) stands at INR 14,200/t exw, down by INR 200/t ($3) against the previous assessment on 3 Aug.
• Durgapur-based players are offering (Fe 63%) pellets at INR 14,200-14,500/t exw.