India: Raipur pellet prices rise INR 200/t amid firm sponge iron, billet demand

Source: BigMint Aug 27, 2026 10:00

Raipur pellet prices extend gains on strong downstream demand. Limited availability and firm semi-finished steel prices keep sellers bullish

PELLEX, bi-weekly domestic pellet (Fe 63%) index for Raipur increased by around INR 200/t w-o-w to INR 10,800/t DAP Raipur on 25 August 2026, supported by firm demand from sponge iron, pig iron and billet producers, along with higher raw material costs and constrained pellet availability. Pellet offers also moved

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