Raipur-based producers raised their offers for Fe 63% (+/_0.5%) pellets by INR 100-200/t ($1-2/t) to INR 9,900-10,000/t ($114-116/t) exw-Raipur today, with no deals recorded. The recent increase in base prices for the upcoming OMC auction and improved market sentiment in the sponge and finished steel segments supported pellet prices in the Raipur region.
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