On July 23, SteelOrbis reported that Indian domestic pellet offers were trending at INR 6,800-7,000/mt ($98-101/mt) ex-works Raipur (east-central India).
Sources inform SteelOrbis that the price continues stable at INR 6,800-7,000/mt ($99-102/mt) ex-works Raipur. Due to currency fluctuations, prices increased $1/mt from both the bottom and the top of the previous range.
USD = INR 69.08 (Jul 23)
USD = INR 68.87 (Jul 30)