Tag: Raipur pellet offers

Raipur-based pellet makers have raised their offers for Fe 63%(+/_0.5%) by INR 300-400/t ($4-5/t) to INR 8,900-9,000/t ($106-107/t) exw-Raipur today, with deals of around 20,000-25,000 t concluded at the revised prices. The recent increase in Odisha’s pellet prices following OMC’s auction and improved market sentiment in the sponge and finished steel segments have bolstered pellet…