Tag: GPIL pellet export contracts

Godawari Power and Ispat Ltd (GPIL) has reduced pellet (Fe 63% +/-0.5) offers by INR 300/t ($4/t) to INR 9,800/t ($118/t) exw-Raipur on 5 Feb’24. Another major pellet player in the region has reduced offers by INR 300/t ($4/t) to INR 9,400-9,500/t ($113-114/t) exw. Sluggish export prices and lower domestic buying interest weigh on pellet…