Tag: Indian Pellet Prices

Central India Pellet Prices Might Fall Further Over Declining Sponge Prices

Oct 26, 2015

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by

Nishtha Mukherjee

in Uncategorized

Last week, P-DRI prices in central India noticed sharp correction of INR 700/MT W-o-W. This led to reduction in pellet buying as well. Current offers for Fe 63% pellets are at INR 4,500/MT (basic). “We are hardly receiving buying interest at current offers. Prices have already bottomed out but due to low buying interest and…