Central India-based steelmaker Godawari Power and Ispat Ltd (GPIL) has lowered pellet offers for the domestic market, sources informed SteelMint. Current offers have fallen by INR 600/t ($8) to INR 11,700/t exw as against INR 12,300/t on 23 Aug’21. Decline in pellet export realisations and drop in offers from nearby markets such as Odisha have weakened pellet offers in Raipur.
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