GPIL has increased offers for Fe63.5% and Fe66% pellets by INR 300/t ($4/t) to INR 10,600/t ($127/t) and INR 12,100/t ($145/t) exw-Raipur respectively today. Other producers, too, raised their prices by INR 300/t ($4/t) to INR 10,300/t ($123/t) exw on rising sponge prices in the region. Meanwhile, sponge PDRI prices have risen by INR 1,000/t w-o-w to record at INR 29,500/t exw.
