Tag: DRI Prices
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Indian Pellet Demand Flat despite Rise in DRI Prices
Indian Pellet demand has been flat despite rising DRI prices in the domestic market. Current offers are still hovering at INR 7,200-8,500/MT ex-works for 64/63% Fe Pellets. Market participants mentioned that viewing the Iron ore scarcity and drastic fall in Pellet production in last few weeks, demand has not been up to the mark. Buyers…