Tag: Raipur pellet offers

Mills cut pellet offers by up to INR 800/t ($11/t) in Raipur, central India

Apr 11, 2022

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by

P Anjali

in Pellets

Raipur, Chhattisgarh-based pellets producers have decreased domestic offers by INR 800/t ($11/t) from INR 12,800-13,000/t ($169-171/t) to INR 12,000-12,300/t exw ($157-162/t). Declining sponge iron prices and cheaper landed offers from Durgapur and Odisha have pulled down offers in Raipur, SteelMint notes. However, a sharp correction is unlikely on improved export sentiments.