Tag: GPIL cut pellet offer

Godawari Power and Ispat Ltd (GPIL) has reduced pellet (Fe 63% +/-0.5) offers by INR 300/t ($4/t) to INR 9,500/t ($115/t) exw-Raipur on 22 Feb’24. Another major pellet maker from Raipur has also reduced offers by INR 300/t ($4/t) to INR 9,100-9,200/t ($110-111/t) exw today. Cautious approach from buyers amid m-o-m lower bids in OMC…