SteelMint

Author: Indranath Jha

  • SteelMint: PELLEX remains range-bound on muted trade

    SteelMint: PELLEX remains range-bound on muted trade

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    by

    Indranath Jha
    in

    SteelMint’s bi-weekly domestic pellet (Fe 63%) index, PELLEX, inched down to INR 10,900/t DAP Raipur on 23 Nov’21 against INR 10,950/t last week. Limited dealswere reported so far this week as buyers have held back from bookings in expectation of further fall in prices. Central India-based pellet makers have kept their offers stable,sources informed SteelMint.…