PELLEX inch down by INR 50/MT to INR 7,500/wmt (DAP Raipur). No pellet deals heard from Raipur pellet makers in this publishing window.
Major Raipur based pellet makers kept the offers stable at INR 7,400/MT( Ex-plant); normalizing for freight to Raipur at INR 7,550/MT (DAP Raipur). Trade sources reported that one offer was heard around INR 7,100/MT (Ex-plant).
Raigarh based pellet makers offer at INR 7,000- 7,200/MT (EXW). Jharsuguda based pellet maker is offering pellets at INR 7,000/MT (EXW).
SteelMint P-DRI Assessment (Jan 17, 2020) decreased sharply by INR 800/MT W-o-W to INR 19,600/MT as against INR 20,400/MT (Ex-Raipur) a week before.
One export deal heard in this publishing window. SteelMint assessment for standard grade pellets (Fe 64%, 3% Al) stands at USD 119-120/MT, CFR China.
Click here to see SteelMint Pricing Methodology and Rationale documents.
To provide feedback/suggestions, please contact info@steelmint.com
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