Tag: India Pellet market
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India: Raipur-based producers raise pellet offers by INR 200/t ($2)
Raipur-based pellet producers have raised offers for Fe 62.5-63% (+/-0.5) grade pellets by INR 200/t ($2/t) to INR 10,400-10,500/t ($115-116/t) exw on 10 Feb’26. The recent increase in iron ore prices by NMDC, along with active deals on previous offers and positive sentiment from semi-finished products, led to the price rise. A sharp INR 1,950/t…