Tag: BigMint

India: Raipur-based producers raise pellet offers by INR 100-200/t ($1-2/t)

Jan 15, 2026

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by

Adarsh Sahu

in Pellets

Raipur-based pellet producers raised offers for Fe 62.5-63% (+/-0.5) grade pellets by INR 100-200/t ($1-2/t) to INR 9,600-9,700/t ($106-107/t) exw. The upward revision follows NMDC’s price increase for Jan’26 iron ore sales. Additionally, sponge iron offers in Raipur climbed up by INR 1,100/t in the last 2-3 trading sessions.