Raipur-based pellet producers reduced offers for Fe 62\/63% (+\/-0.5%) material by INR 300\/t ($3\/t) to INR 10,300-10,400\/t ($119-120\/t) exw. The reduction was fuelled by lower demand and a fall in sponge iron-PDRI prices by INR 500\/t ($5\/t) w-o-w to INR 25,800\/t ($272-273\/t) exw. Furthermore, competitive offers from Odisha and a slower recovery in pellet demand compared to lumps also pushed pellet producers to reduce offers.<\/p>\n","protected":false},"excerpt":{"rendered":"
Raipur-based pellet producers reduced offers for Fe 62\/63% (+\/-0.5%) material by INR 300\/t ($3\/t) to…<\/p>\n","protected":false},"author":1,"featured_media":61580,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_feature_clip_id":0,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2},"jetpack_post_was_ever_published":false},"categories":[313],"tags":[],"class_list":["post-61579","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-iron-steel"],"jetpack_publicize_connections":[],"featured_image_urls":{"full":["https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2026\/03\/Untitled-design-10-1.jpg?fit=1280%2C720&ssl=1?v=1774761494",1280,720,false],"thumbnail":["https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2026\/03\/Untitled-design-10-1.jpg?resize=150%2C150&ssl=1?v=1774761494",150,150,true],"medium":["https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2026\/03\/Untitled-design-10-1.jpg?fit=300%2C169&ssl=1?v=1774761494",300,169,true],"medium_large":["https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2026\/03\/Untitled-design-10-1.jpg?fit=640%2C360&ssl=1?v=1774761494",640,360,true],"large":["https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2026\/03\/Untitled-design-10-1.jpg?fit=640%2C360&ssl=1?v=1774761494",640,360,true],"1536x1536":["https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2026\/03\/Untitled-design-10-1.jpg?fit=1280%2C720&ssl=1?v=1774761494",1280,720,true],"2048x2048":["https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2026\/03\/Untitled-design-10-1.jpg?fit=1280%2C720&ssl=1?v=1774761494",1280,720,true],"covernews-slider-full":["https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2026\/03\/Untitled-design-10-1.jpg?resize=1115%2C715&ssl=1?v=1774761494",1115,715,true],"covernews-slider-center":["https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2026\/03\/Untitled-design-10-1.jpg?resize=800%2C500&ssl=1?v=1774761494",800,500,true],"covernews-featured":["https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2026\/03\/Untitled-design-10-1.jpg?fit=1024%2C576&ssl=1?v=1774761494",1024,576,true],"covernews-medium":["https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2026\/03\/Untitled-design-10-1.jpg?resize=540%2C340&ssl=1?v=1774761494",540,340,true],"covernews-medium-square":["https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2026\/03\/Untitled-design-10-1.jpg?resize=400%2C250&ssl=1?v=1774761494",400,250,true]},"author_info":{"display_name":"Biz Trend 24","author_link":"https:\/\/biztrend24.com\/author\/online24"},"category_info":"Iron & Steel<\/a>","tag_info":"Iron & Steel","comment_count":0,"jetpack_featured_media_url":"https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2026\/03\/Untitled-design-10-1.jpg?fit=1280%2C720&ssl=1?v=1774761494","jetpack-related-posts":[{"id":60186,"url":"https:\/\/biztrend24.com\/?p=60186&lang=en","url_meta":{"origin":61579,"position":0},"title":"India: Mills raise pellet offers by INR 300\/t ($3\/t) in Raipur, Chhattisgarh","author":"Biz Trend 24","date":"March 10, 2026","format":false,"excerpt":"Raipur-based pellet producers raised offers for Fe 62\/63% (+\/-0.5%) material by INR 300\/t ($3\/t) to INR 11,000\/t ($119-120\/t) exw. The increase was supported by around INR 1,600\/t w-o-w and INR 400\/t today in sponge offers on steady demand from domestic pellet buyers, and downstream steel prices. Additional backing came from\u2026","rel":"","context":"In "Iron & Steel"","block_context":{"text":"Iron & Steel","link":"https:\/\/biztrend24.com\/?cat=313&lang=en"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2026\/03\/Untitled-design-2026-03-10T121425.082.jpg?fit=1200%2C675&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2026\/03\/Untitled-design-2026-03-10T121425.082.jpg?fit=1200%2C675&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2026\/03\/Untitled-design-2026-03-10T121425.082.jpg?fit=1200%2C675&ssl=1&resize=525%2C300 1.5x, https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2026\/03\/Untitled-design-2026-03-10T121425.082.jpg?fit=1200%2C675&ssl=1&resize=700%2C400 2x, https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2026\/03\/Untitled-design-2026-03-10T121425.082.jpg?fit=1200%2C675&ssl=1&resize=1050%2C600 3x"},"classes":[]},{"id":67520,"url":"https:\/\/biztrend24.com\/?p=67520&lang=en","url_meta":{"origin":61579,"position":1},"title":"India: Pellet producers reduce offers by INR 200\/t ($2\/t) in Raipur, Chhattisgarh","author":"Biz Trend 24","date":"June 8, 2026","format":false,"excerpt":"Pellet manufacturers in Raipur reduced offers for Fe 62.5\/63% (+\/-0.5%) grade pellets by INR 200\/t ($2\/t) to INR 9,200-9,300\/t ($97-98\/t) exw. Weak market sentiments following the OMC iron ore auction and a decline in sponge and semi-finished prices led to a drop in pellet offers. Sponge PDRI prices in Raipur\u2026","rel":"","context":"In "Iron & Steel"","block_context":{"text":"Iron & Steel","link":"https:\/\/biztrend24.com\/?cat=313&lang=en"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2026\/06\/Untitled-design-62.jpg?fit=1200%2C675&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2026\/06\/Untitled-design-62.jpg?fit=1200%2C675&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2026\/06\/Untitled-design-62.jpg?fit=1200%2C675&ssl=1&resize=525%2C300 1.5x, https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2026\/06\/Untitled-design-62.jpg?fit=1200%2C675&ssl=1&resize=700%2C400 2x, https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2026\/06\/Untitled-design-62.jpg?fit=1200%2C675&ssl=1&resize=1050%2C600 3x"},"classes":[]},{"id":68564,"url":"https:\/\/biztrend24.com\/?p=68564&lang=en","url_meta":{"origin":61579,"position":2},"title":"BigMint’s daily trade sheet – 19 Jun’26","author":"Biz Trend 24","date":"June 20, 2026","format":false,"excerpt":"PELLEX, BigMint's bi-weekly domestic pellet (Fe 63%) index for Raipur, decreased by INR 400\/t to INR 8,900\/t ($94\/t) DAP. BigMint recorded nearly 140,000 tonnes of pellet transactions were concluded by Raipur-based pellet producers over the last couple of days at INR 8,700-8,800\/t exw. India's sponge iron market remained under pressure\u2026","rel":"","context":"In "Iron & Steel"","block_context":{"text":"Iron & Steel","link":"https:\/\/biztrend24.com\/?cat=313&lang=en"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2026\/06\/Untitled-design-58-1.jpg?fit=1200%2C675&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2026\/06\/Untitled-design-58-1.jpg?fit=1200%2C675&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2026\/06\/Untitled-design-58-1.jpg?fit=1200%2C675&ssl=1&resize=525%2C300 1.5x, https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2026\/06\/Untitled-design-58-1.jpg?fit=1200%2C675&ssl=1&resize=700%2C400 2x, https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2026\/06\/Untitled-design-58-1.jpg?fit=1200%2C675&ssl=1&resize=1050%2C600 3x"},"classes":[]},{"id":52357,"url":"https:\/\/biztrend24.com\/?p=52357&lang=en","url_meta":{"origin":61579,"position":3},"title":"India: Raipur-based producers raise pellet offers by INR 100\/t ($1\/t)","author":"Biz Trend 24","date":"December 30, 2025","format":false,"excerpt":"Raipur-based pellet producers have increased offers for Fe 62.5% (+\/-0.5) pellets by INR 100\/t ($1\/t) to INR 9,400-9,500\/t ($105-106\/t) exw. Producers such as Godawari have kept offers at INR 9,500\/t ($105\/t) for Fe 62.5%. Meanwhile, Raipur billet offers also recorded an increase of INR 1,400\/t d-o-d on 29 Dec. The\u2026","rel":"","context":"In "Iron & Steel"","block_context":{"text":"Iron & Steel","link":"https:\/\/biztrend24.com\/?cat=313&lang=en"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2025\/12\/Untitled-design-2025-12-30T123553.656.jpg?fit=1200%2C675&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2025\/12\/Untitled-design-2025-12-30T123553.656.jpg?fit=1200%2C675&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2025\/12\/Untitled-design-2025-12-30T123553.656.jpg?fit=1200%2C675&ssl=1&resize=525%2C300 1.5x, https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2025\/12\/Untitled-design-2025-12-30T123553.656.jpg?fit=1200%2C675&ssl=1&resize=700%2C400 2x, https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2025\/12\/Untitled-design-2025-12-30T123553.656.jpg?fit=1200%2C675&ssl=1&resize=1050%2C600 3x"},"classes":[]},{"id":70238,"url":"https:\/\/biztrend24.com\/?p=70238&lang=en","url_meta":{"origin":61579,"position":4},"title":"India: PELLEX remains stable as buyers wait for NMDC’s ore price revision","author":"Biz Trend 24","date":"July 1, 2026","format":false,"excerpt":"Sellers keep offers firm after receiving healthy bookings in previous weeks Lack of supply from Odisha, limited offers support prices despite slow trade PELLEX, BigMint's bi-weekly domestic pellet (Fe 63%) index for Raipur, remained stable at INR 9,100\/t ($96\/t) DAP on 30 June against 26 June. Pellet prices in the\u2026","rel":"","context":"In "Iron & Steel"","block_context":{"text":"Iron & Steel","link":"https:\/\/biztrend24.com\/?cat=313&lang=en"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2026\/07\/Untitled-design-83.jpg?fit=1200%2C675&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2026\/07\/Untitled-design-83.jpg?fit=1200%2C675&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2026\/07\/Untitled-design-83.jpg?fit=1200%2C675&ssl=1&resize=525%2C300 1.5x, https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2026\/07\/Untitled-design-83.jpg?fit=1200%2C675&ssl=1&resize=700%2C400 2x, https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2026\/07\/Untitled-design-83.jpg?fit=1200%2C675&ssl=1&resize=1050%2C600 3x"},"classes":[]},{"id":53184,"url":"https:\/\/biztrend24.com\/?p=53184&lang=en","url_meta":{"origin":61579,"position":5},"title":"India: PELLEX remains stable even as sponge prices inch down","author":"Biz Trend 24","date":"January 7, 2026","format":false,"excerpt":"Sponge iron and billet prices drop this week Moderate pellet trades finalised by Raipur sellers Pellet prices in the Raipur region remained firm over the last couple of days on 6 January, supported by limited but steady trading activity at prevailing offer levels. Market participants indicated that while transactions were\u2026","rel":"","context":"In "Iron & Steel"","block_context":{"text":"Iron & Steel","link":"https:\/\/biztrend24.com\/?cat=313&lang=en"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2026\/01\/Untitled-design-2026-01-07T105728.327.jpg?fit=1200%2C675&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2026\/01\/Untitled-design-2026-01-07T105728.327.jpg?fit=1200%2C675&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2026\/01\/Untitled-design-2026-01-07T105728.327.jpg?fit=1200%2C675&ssl=1&resize=525%2C300 1.5x, https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2026\/01\/Untitled-design-2026-01-07T105728.327.jpg?fit=1200%2C675&ssl=1&resize=700%2C400 2x, https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2026\/01\/Untitled-design-2026-01-07T105728.327.jpg?fit=1200%2C675&ssl=1&resize=1050%2C600 3x"},"classes":[]}],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/biztrend24.com\/index.php?rest_route=\/wp\/v2\/posts\/61579","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/biztrend24.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/biztrend24.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/biztrend24.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/biztrend24.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=61579"}],"version-history":[{"count":1,"href":"https:\/\/biztrend24.com\/index.php?rest_route=\/wp\/v2\/posts\/61579\/revisions"}],"predecessor-version":[{"id":61581,"href":"https:\/\/biztrend24.com\/index.php?rest_route=\/wp\/v2\/posts\/61579\/revisions\/61581"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/biztrend24.com\/index.php?rest_route=\/wp\/v2\/media\/61580"}],"wp:attachment":[{"href":"https:\/\/biztrend24.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=61579"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/biztrend24.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=61579"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/biztrend24.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=61579"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}