Iron pellet offers move up on higher sponge prices

Pellet manufacturers in India have raised their offers by Rs 300-400/t on higher sponge prices and low availability of Iron Ore in Orissa and Karnataka.

Barbil (Orissa) based pellet manufacturer raises offer to Rs 8,800/t up by Rs 300/t from previous trade for 63 % Fe pellets.

Where as pellet prices in Bellary, Raipur and Raigarh noticed a marginal increase of Rs 100-200/t.


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