Central India-based pellet makers have increased offers today for the domestic market, sources informed SteelMint. Current offers for pellets (Fe 63%) stand at INR 13,700-14,000/t exw-Raipur, an increase of up to INR 700/t, w-o-w. Positive sentiments in the sponge iron market on the back of rising prices in the IF long steel market seem to have lifted offers, SteelMint notes.
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