Pellet offers remained unchanged on limited bookings and falling demand from sponge iron-makers, sources informed ISMW.
Current offers for Fe 62%-63% ranged from Rs 3,100-4,300 ex-works in the markets of Barbil, Tatanagar and Bellary.
Imported pellet offers from China (5-18 mm) of 63-64 grade Fe, however, rose $1 per ton to $57 per ton while export offers remained unchanged at $44 per ton.
Following are pellet prices in different markets:
Size (mm) |
Grade % Fe |
Dec 31, 2015: Price (Rs per ton) |
Dec 30, 2015: Price (Rs per ton) |
Dec 29, 2015: Price (Rs per ton) |
|
Bellary |
5mm-18mm |
62 |
4300 |
4300 |
4300 |
Tatanagar |
5mm-18mm |
63 |
4100 |
4100 |
4100 |
Barbil |
5mm-18mm |
63 |
3100 |
3100 |
3100 |
China imported pellets |
5mm-18mm |
63-64 |
$57 |
$57 |
$57 |
India export |
6-20mm |
|
$44 |
$44 |
$44 |
Source: India Steel Market Watch