Godawari Power and Ispat Ltd (GPIL) has increased domestic pellet offers by INR 400/t ($5/t) to INR 8,200/t exw ($105/t) from last offers at INR 7,800/t ($99/t) seen towards the end of last week. Amidst confirmed deals of 30,000 t were recorded recently at around INR 7,800/t exw, the pellet player has lifted offers. Meanwhile, offers from other Raipur-based pellet producers are yet to be revised and are assessed at INR 7,500/t ($96/t) exw.
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