Tag: Godawari hike pellet offers

India: Godawari raises pellet offers further by INR 300/t ($4/t)

Jan 20, 2022

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by

Indranath Jha

in Pellets

Godawari Power and Ispat Ltd. (GPIL) has increased domestic pellet offers by INR 300/t ($4/t) to INR 12,000/t exw ($157/t) from INR 11,700/t ($155/t). Active participation at NMDC’s iron ore lump auction and hike in sponge iron prices led to the rise in pellet offers.Bids for the DR-CLO lots in yesterday’s NMDC auction from Chhattisgarh…