India: Pellet prices in Raipur rise by INR 200/t ($2.5/t)
Raipur-based pellet makers raised their offers for pellet Fe 63% (+/_0.5%) on 19 December by INR 200/t ($2.5/t) to INR 9,200-9,300/t ($109-110/t) exw. Another pellet producer increased its offers to INR 9,400/t ($111/t) exw. Around 30,000 t deals concluded at revised offers. Sponge PDRI prices increased by INR 950/t ($11/t) w-o-w to INR 25,150/t ($296/t) exw-Raipur on 18 Dec.