Tag: OMC iron ore auction impact

India: Raipur pellet offers rise by INR 300/t ($3/t)

Aug 19, 2025

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by

Adarsh Sahu

in Pellets

Raipur-based pellet producers hiked their offers for 63% (+/-0.5%) material by INR 300/t ($3/t) to INR 10,300/t ($118/t) exw. The hike was supported by increase in base prices in OMC’s iron ore auction today and limited fines availability, which firmed up raw material costs.