Pellet makers in Raipur raised offers for Fe 62.5/63% (±0.5%) grade pellets by INR 200/t ($2/t) to INR 8,900-9,000/t ($94-95/t) ex-works. The increase came after around 200,000 t of pellets were traded at with the last price offer, supported by improved sentiment. Producers revised offers upward, supported by active procurement and the onset of the monsoon.
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