NMDC has decreased its pellet offer by INR 400/t ($5) from its Donimalai pellet plant in Karnataka. Current offers for Fe 64% pellets are assessed at INR 7,200/t (FOT basis) for quantity of 20,000 t on advance payment basis. The price validity is till 16th Oct’20. Bellary pellet prices have softened due to a decline in sponge offers. NMDC Ltd is operating 1.2 mn t pa pellet plant located at Donimalai, Karnataka.
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