Tag: Raipur pellet market trend
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India: PELLEX drops by INR 200/t ($2/t) in Raipur with price revision by Raipur plants
Sellers reduce offers by INR 300/t amid poor demand Hike in fuel prices keep market uncertain now Pellet prices in Raipur moved lower on a w-o-w basis, with producers reducing offers amid subdued demand from the downstream steel segment. Market sentiment remained cautious, as weakness in sponge iron and billet segments continued to weigh on…