Pellet producers in Raipur raised offers for Fe 62.5/63% (±0.5%) grade pellets by INR 200/t ($2/t) to INR 9,100-9,200/t ($96-97/t) exw. Active sales in June and a scheduled maintenance shutdown at a plant led to the hike. Raipur-based pellet sellers concluded bulk deals (for 325,000 t, as per BigMint’s records) in mid-June amid pre-monsoon demand from steelmakers. However, no fresh bookings were recorded at the revised offers.
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