Author: P Anjali
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SteelMint: PELLEX down by INR 200/t amid limited trade, fall in bids
SteelMint’s bi-weekly domestic pellet (Fe 63%) index, PELLEX, stood at INR 7,800/tonne (t) down by INR 200/t compared to the last assessment on 28 October, 2022 on falling demand. However, around 10,000 t of pellet deals were reported but not considered for calculation in this current publishing window. Rationale: PELLEX has been derived using data…