Author: P Anjali
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SteelMint: PELLEX rises INR 1,150/t post export duty withdrawal
SteelMint’s bi-weekly domestic pellet (Fe 63%) index, PELLEX, stood at INR 8,750/tonne (t) DAP, increasing sharply by INR 1,150/t compared to INR 7,600/t in the last assessment on 18 November, 2022. Deals for around 100,000 t were concluded following the export duty withdrawal by the government last week. However, only 50,000 t were taken into…