On July 15, SteelOrbis reported that Indian domestic pellet offers were trending at INR 7,000-7,100/mt ($102-104/mt) ex-works Raipur (east-central India).
Sources inform SteelOrbis that the price is now reportedly at INR 6,800-7,000/mt ($98-101/mt) ex-works Raipur. Prices decreased $4/mt from the bottom of the previous range and $3/mt from the top of the same range.
USD = INR 68.54 (Jul 15)
USD = INR 69.08 (Jul 23)