Towards the year closing, the Indian domestic pellet market has witnessed deals getting concluded at increased offers. Southern India (Bellary) based pellet makers have increased pellet offers by INR 700-800/MT W-o-W. SteelMint’s current assessment for pellets (Fe 63%) stand at INR 7,000-7,300/MT (Ex-Bellary) against last week's assessment at INR 6,450/MT. Bellary pellet prices are hovering at 6-months high as these levels were last seen in Jun'19.
News ID: 8185 Publish Date : 2019/12/31
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