NMDC has increased pellet price by INR 1,500/t ($21) from its Donimalai pellet plant in Karnataka. Current offer for Fe 63% pellets stands at INR 7,500/t (FOT basis) for 26,000 t on advance payment basis. The price validity is till 13 Sept’20. Bellary pellet prices have increased following hike in iron ore prices and tight availability of high grade ore.
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