Author: P Anjali
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SteelMint: PELLEX stable, falling sponge iron prices weigh on bids
SteelMint’s bi-weekly domestic pellets (Fe 63%) index, PELLEX, stood at INR 7,800/tonne (t) DAP Raipur, stable compared to the last assessment on 8 November, 2022. Around 5,000 t of deals were reported in this publishing window. Rationale: PELLEX has been derived using data points: i.e. trades, offers and bids. You can download the detailed methodology…