India: Raipur-based producers raise pellet offers by INR 200/t ($2/t)
Raipur-based pellet producers have raised offers for Fe 62.5-63% (+/-0.5) grade pellets by INR 200/t ($2/t) to INR 9,800-9,900/t ($107-108/t) exw on 29 Jan'26. Recent increases in pellet prices in Raipur could be attributed to rising prices of iron ore fines and the recent hike in pellet offers from Odisha. Additionally,sponge iron prices roseINR 900/t w-o-w.