Raipur-based pellet makers have reduced their offers for Fe 63%(+/_0.5%) by INR 300/t ($4/t) to INR 8,600/t ($102/t) exw-Raipur today. However, no transaction was heard at the revised prices. Active buying from Odisha at INR 8,300-8,400/t DAP Raipur and a drop in the P-DRI and finished steel prices led to a fall in Raipur pellet offers.
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