Raipur based pellet makers have reduced offers by around INR 200-500/t ($3-7), sources have reported SteelMint. Revised offers for Fe 63 (+/-0.5)% pellets stands at INR 12,000-12,300/t exw Raipur. Notably, there were no firm deals reported at increased offers of INR 12,500/t, which may have resulted in the lowering of offers.
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