Raipur-based Jayaswal Neco’s 1.2 mn t pa pellet plant has gone for a 15-day maintenance shutdown last week. GPIL, with capacity of 1.2 mn t pa, is scheduled for maintenance-related closure from 20th Oct-6th Nov’20. Estimates are that about 80,000 t of production is likely to be affected. Prices are expected to stay firm. SteelMint’s domestic pellet index, PELLEX, inched up INR 100/t to INR 8,550/t (DAP Raipur) on 13th Oct’20.
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