India: Pellet prices rise by INR 650/t in Durgapur

Pellet prices in Durgapur have increased, as per latest reports. SteelMint’s current assessment for iron ore pellets (Fe 63%) stands at INR 11,400/t exw-Durgapur, up INR 650/t compared to the last assessment of INR 10,750/t on 1 Feb’22. Deals for 16,000 t were heard concluded recently at INR 11,000-11,300/t exw.