On January 7, SteelOrbis reported that Indian domestic pellet offers were trending at INR 6,000-6,100/mt ($86-88/mt) ex-Raipur.
Sources inform SteelOrbis that now prices are reportedly widening down on the bottom of the previous range to INR 5,900-6,100/mt ($84-87/mt) ex-Raipur, down $2/mt from the bottom of the previous range and $1/mt from the top of the same.
USD = INR 69.68 (Jan 7)
USD = INR 70.15 (Jan 8)