Tag: Domestic pellet offers
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India: Domestic Pellet Offers Fall Amid Declining P-DRI Prices
SteelMint in conversation with market participants learned that central India based pellet makers have lowered offers by INR 200/MT. Current offers for Fe 63% is at INR 6,800/MT (ex-Raipur, GST extra). Not significant deals were reported at last offers of INR 7,000/MT. P-DRI prices declined to INR 15,900/MT today as compared to INR 16,500-16,700/MT (basic)…