Raipur (central India) based pellet manufacturers have kept the pellet offers unchanged. Current offers for Fe 63% grade pellet at INR 6,200/MT (ex-Raipur, GST extra) in line with the last week assessment.
P-DRI prices in Raipur witnessed increase sharply by INR 800/MT to INR 16,600/MT (basic) compared to INR 15,850/MT (Ex-Raipur) last week. P-DRI prices in Raipur increased sharply D-o-D by INR 800/MT to INR 16,500/MT against yesterday offers at INR 15,700/MT (Ex-Raipur) amid improve trades.
Durgapur pellet offers stable amid hike in sponge prices -: In Durgapur SteelMint’s reference, pellet price assessment stands at INR 5,700-5,800/MT in line with last week assessment.
P-DRI prices increased sharply W-o-W by INR 1,200/MT to Durgapur at INR 16,450/MT against last week assessment of INR 15,150/MT.
Southern India pellet offers increased marginally -: Southern India (Bellary) based pellet makers have increased prices marginally to INR 6,200-6,300/MT against last week assessment at INR 6,100-6,300/MT. P-DRI prices in Bellary is at INR 15,900-16,100/MT (ex-Bellary) against INR 15,800-15,900/MT last week.
Indian pellet trade updates-:
-- Jamshedpur offers for pellet comes down to INR 5,100-5,300/MT (Ex-plant).
-- Jajpur based Brahmani River Pellets offers down to INR 7,100/MT for Kalinganagar based units. A weeks back offer was INR 7,300/MT.
-- West India (Rajasthan) based pellet maker - Jindal SAW kept pellet (Fe 63%) offers unchanged for the week. Current offers are at INR 7,800/MT (delivered Kandla).
SteelMint pellet reference prices as on 13th Aug'19