Author: P Anjali
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SteelMint: PELLEX remains stable on unchanged offers, limited trade
SteelMint’s bi-weekly domestic pellet (Fe 63%) index, PELLEX, stood at INR 8,000/tonne (t) DAP Raipur, stable compared to the last assessment on 21 October, 2022 amid limited deals. Around 5,000-10,000 t of deals were reported in this publishing window. The ongoing festive season has continued to limit trades. Rationale: PELLEX has been derived using data…