Tag: Fe 62/63% pellet offers
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India: Raipur pellet offers rise by INR 200/t ($2.5/t)
Raipur-based pellet producers raised their Fe 62/63% (+/-0.5%) offers by INR 200/t ($2.5/t) to INR 9,200/t ($107/t) exw, with 60,000-70,000 t traded at previous prices in the last few days. Maintenance shutdowns at 10-11 sponge iron units have caused a daily production loss of about 3,000 t, supporting sponge PDRI and pellet prices in Raipur.…