India: Godawari raises pellet offers by INR 200/t ($2.4/t)

Godawari Power and Ispat Ltd (GPIL) has increased pellet (Fe 63.5% +/-0.5) offers by INR 200/t ($2.4/t) to INR 9,500/t ($115/t) exw-Raipur on 9 Mar’24. One more pellet maker from Raipur has also hiked offers by INR 200/t ($2.4/t) to INR 9,200/t ($111/t) exw today. Notably, the same pellet maker concluded a 10,000 t deal at the previous offer of INR 9,000/t ($109/t)exw yesterday.