Indian pellet makers conclude around 60,000t deals today in domestic market

Indian pellet markers have concluded deals for 57,000t pellets in domestic market amid recovery in sponge prices. Raipur pellet (central India) based producer sold 15,000t pellets at INR 5,800/t EXW. Deals from Bellary (Karnataka) for 35,000t (for both Fe 63 and 65) was reported at INR 5, 750-6,800/t and Raigarh pellet maker sold around 7,000t at INR 5,400/t EXW.