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 dropped by INR 1,050\/t m-o-m to INR 25,350\/t ($267\/t) exw in May’26.<\/p>\n","protected":false},"excerpt":{"rendered":"
Pellet manufacturers in Raipur reduced offers for Fe 62.5\/63% (+\/-0.5%) grade pellets by INR 200\/t…<\/p>\n","protected":false},"author":1,"featured_media":67521,"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-67520","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\/06\/Untitled-design-62.jpg?fit=1280%2C720&ssl=1?v=1780912390",1280,720,false],"thumbnail":["https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2026\/06\/Untitled-design-62.jpg?resize=150%2C150&ssl=1?v=1780912390",150,150,true],"medium":["https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2026\/06\/Untitled-design-62.jpg?fit=300%2C169&ssl=1?v=1780912390",300,169,true],"medium_large":["https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2026\/06\/Untitled-design-62.jpg?fit=640%2C360&ssl=1?v=1780912390",640,360,true],"large":["https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2026\/06\/Untitled-design-62.jpg?fit=640%2C360&ssl=1?v=1780912390",640,360,true],"1536x1536":["https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2026\/06\/Untitled-design-62.jpg?fit=1280%2C720&ssl=1?v=1780912390",1280,720,true],"2048x2048":["https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2026\/06\/Untitled-design-62.jpg?fit=1280%2C720&ssl=1?v=1780912390",1280,720,true],"covernews-slider-full":["https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2026\/06\/Untitled-design-62.jpg?resize=1115%2C715&ssl=1?v=1780912390",1115,715,true],"covernews-slider-center":["https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2026\/06\/Untitled-design-62.jpg?resize=800%2C500&ssl=1?v=1780912390",800,500,true],"covernews-featured":["https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2026\/06\/Untitled-design-62.jpg?fit=1024%2C576&ssl=1?v=1780912390",1024,576,true],"covernews-medium":["https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2026\/06\/Untitled-design-62.jpg?resize=540%2C340&ssl=1?v=1780912390",540,340,true],"covernews-medium-square":["https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2026\/06\/Untitled-design-62.jpg?resize=400%2C250&ssl=1?v=1780912390",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\/06\/Untitled-design-62.jpg?fit=1280%2C720&ssl=1?v=1780912390","jetpack-related-posts":[{"id":68564,"url":"https:\/\/biztrend24.com\/?p=68564&lang=en","url_meta":{"origin":67520,"position":0},"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":71382,"url":"https:\/\/biztrend24.com\/?p=71382&lang=en","url_meta":{"origin":67520,"position":1},"title":"BigMint’s daily trade sheet – 10 July’26","author":"Biz Trend 24","date":"July 11, 2026","format":false,"excerpt":"PELLEX, BigMint's bi-weekly domestic pellet (Fe 63%) index for Raipur, remained stable at INR 9,300\/t ($98\/t) DAP. Around 24,000 t of pellet deals were recorded by Raipur-based sellers at INR 9,000-9,200\/t exw. BigMint's billet index declined by INR 250\/t to INR 37,600\/t exw-Raipur. The conversion spread between pellet-based direct reduced\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-2026-07-11T131001.243.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-2026-07-11T131001.243.jpg?fit=1200%2C675&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2026\/07\/Untitled-design-2026-07-11T131001.243.jpg?fit=1200%2C675&ssl=1&resize=525%2C300 1.5x, https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2026\/07\/Untitled-design-2026-07-11T131001.243.jpg?fit=1200%2C675&ssl=1&resize=700%2C400 2x, https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2026\/07\/Untitled-design-2026-07-11T131001.243.jpg?fit=1200%2C675&ssl=1&resize=1050%2C600 3x"},"classes":[]},{"id":72105,"url":"https:\/\/biztrend24.com\/?p=72105&lang=en","url_meta":{"origin":67520,"position":2},"title":"BigMint’s daily trade sheet – 14 July’26","author":"Biz Trend 24","date":"July 15, 2026","format":false,"excerpt":"PELLEX, BigMint's bi-weekly domestic pellet (Fe 63%) index for Raipur, rose by INR 200\/t to 9,400\/t ($99.5\/t) DAP. Pellet producers in Raipur lifted offers for Fe 62.5\/63% (0.5%) grade pellets to INR 9,300-9,400\/t ($97-98\/t) exw. BigMint's billet index increased by INR 150\/t d-o-d to INR 37,600\/t exw-Raipur. The conversion spread\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-2026-07-15T161425.577.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-2026-07-15T161425.577.jpg?fit=1200%2C675&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2026\/07\/Untitled-design-2026-07-15T161425.577.jpg?fit=1200%2C675&ssl=1&resize=525%2C300 1.5x, https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2026\/07\/Untitled-design-2026-07-15T161425.577.jpg?fit=1200%2C675&ssl=1&resize=700%2C400 2x, https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2026\/07\/Untitled-design-2026-07-15T161425.577.jpg?fit=1200%2C675&ssl=1&resize=1050%2C600 3x"},"classes":[]},{"id":56940,"url":"https:\/\/biztrend24.com\/?p=56940&lang=en","url_meta":{"origin":67520,"position":3},"title":"BigMint’s daily trade sheet – 13 Feb’26","author":"Biz Trend 24","date":"February 14, 2026","format":false,"excerpt":"BigMint's bi-weekly domestic pellet (Fe 63%) index for Raipur, remained stable at INR 10,550\/t ($117\/t) DAP. Around 15,000 t of pellet (Fe 62.5-63%) deals were concluded in the market at INR 10,400-10,500\/t ($115-116\/t) exw Raipur. Indian sponge iron prices declined by INR 50-200\/t across key regions. Trade volumes recorded around\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\/02\/Untitled-design-2026-02-14T123053.829.jpg?fit=1200%2C675&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2026\/02\/Untitled-design-2026-02-14T123053.829.jpg?fit=1200%2C675&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2026\/02\/Untitled-design-2026-02-14T123053.829.jpg?fit=1200%2C675&ssl=1&resize=525%2C300 1.5x, https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2026\/02\/Untitled-design-2026-02-14T123053.829.jpg?fit=1200%2C675&ssl=1&resize=700%2C400 2x, https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2026\/02\/Untitled-design-2026-02-14T123053.829.jpg?fit=1200%2C675&ssl=1&resize=1050%2C600 3x"},"classes":[]},{"id":57618,"url":"https:\/\/biztrend24.com\/?p=57618&lang=en","url_meta":{"origin":67520,"position":4},"title":"BigMint’s daily trade sheet – 17 Feb’26","author":"Biz Trend 24","date":"February 18, 2026","format":false,"excerpt":"BigMint's bi-weekly domestic pellet (Fe 63%) index for Raipur, remained stable at INR 10,550\/t ($117\/t) DAP. Around 15,000 t of pellet (Fe 63%) deals were concluded in the market at INR 10,500\/t ($116\/t) exw Raipur. Indian sponge iron prices declined by INR 50-500\/t across key regions. Trade volumes estimated around\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\/02\/Untitled-design-2026-02-18T154244.057.jpg?fit=1200%2C675&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2026\/02\/Untitled-design-2026-02-18T154244.057.jpg?fit=1200%2C675&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2026\/02\/Untitled-design-2026-02-18T154244.057.jpg?fit=1200%2C675&ssl=1&resize=525%2C300 1.5x, https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2026\/02\/Untitled-design-2026-02-18T154244.057.jpg?fit=1200%2C675&ssl=1&resize=700%2C400 2x, https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2026\/02\/Untitled-design-2026-02-18T154244.057.jpg?fit=1200%2C675&ssl=1&resize=1050%2C600 3x"},"classes":[]},{"id":53184,"url":"https:\/\/biztrend24.com\/?p=53184&lang=en","url_meta":{"origin":67520,"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\/67520","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=67520"}],"version-history":[{"count":1,"href":"https:\/\/biztrend24.com\/index.php?rest_route=\/wp\/v2\/posts\/67520\/revisions"}],"predecessor-version":[{"id":67522,"href":"https:\/\/biztrend24.com\/index.php?rest_route=\/wp\/v2\/posts\/67520\/revisions\/67522"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/biztrend24.com\/index.php?rest_route=\/wp\/v2\/media\/67521"}],"wp:attachment":[{"href":"https:\/\/biztrend24.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=67520"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/biztrend24.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=67520"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/biztrend24.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=67520"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}