India: Raipur pellet producers cut offers by INR 300/t ($4/t)

Raipur-based pellet producers have reduced their offers by INR 300/t ($4/t) to INR 9,900-10,200/t ($120-123/t) exw from INR 10,100-10,200/t ($122-123/t) exw. Meanwhile, Godawari Power and Ispat Limited (GPIL) has decreased domestic pellets (Fe63.5%, +/-0.5) offers by INR 300/t ($4/t) to INR 10,200/t exw ($123/t) from INR 10,500/t exw ($127/t) on 16 Jan’23. No deals were recorded by SteelMint recently.