PELLEX stable at INR 5,900/wmt (DAP Raipur) amid fewer transactions reported. Pellet deals for around 5,000 MT reported from Raipur market at INR 5,800/MT(Ex-plant); normalizing for freight to Raipur at INR 5,950/MT (DAP Raipur)
Raipur based pellet offers stable at INR 5,800/MT( Ex-plant); normalizing for freight to Raipur at INR 5,950/MT (DAP Raipur).
No pellet export deal reported in this publishing window. SteelMint Pellet Exports assessment stands for Fe 64% (3% Alumina) at around USD 91-92/MT, FoB India. In Central India the export market is semi-liquid, therefore export realization factor has been ignored in the computation of PELLEX.
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