Tag: Godawari pellet offers
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India: Godawari cuts pellet prices by INR 500/t ($7/t)
Godawari Power and Ispat Ltd (GPIL) has lowered domestic pellet offers by INR 500/t ($7/t) to INR 10,800/t exw ($145/t) as against INR 11,300/t ($152/t) on 19 Nov’21. Some central India-based producers are offering pellets at around INR 10,500/t ($141/t) exw-Raipur. The decline in sponge iron prices, cost-effective material from nearby states, and falling bids…