Author: P Anjali

  • SteelMint: PELLEX down by INR 250/t on price cuts, muted trade

    SteelMint: PELLEX down by INR 250/t on price cuts, muted trade

    SteelMint’s bi-weekly domestic pellets (Fe 63%) index, PELLEX, stood at INR 8,500/tonne (t), down by INR 250/t compared to the last assessment on 25 November, 2022. Trades continued to remain muted on bid-offer disparities. Rationale: PELLEX has been derived using data points, i.e. trades, offers and bids. You can download the detailed methodology by clicking…