Author: P Anjali

SteelMint’s bi-weekly domestic pellets (Fe 63%) index, PELLEX, stood at INR 7,600/tonne (t), down by INR 200/t compared to the last assessment on 11 November, 2022. Trades continued to remain muted on bid-offer disparities and the drop in sponge iron prices. Rationale: PELLEX has been derived using data points: i.e. trades, offers and bids. You…