Author: P Anjali
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SteelMint: PELLEX falls marginally by INR 100/t on muted trades, falling sponge offers
SteelMint’s bi-weekly domestic pellets (Fe 63%) index, PELLEX, stood at INR 9,700/tonne (t) DAP Raipur, inching down by INR 100/t compared to the last assessment on 6 January, 2023. No deals were reported in this current publishing window due to decent inventories with buyers while sponge iron prices also fell. Rationale: PELLEX has been derived…