Author: Indranath Jha

SteelMint: PELLEX rises INR 100/t, but limited deals reported during holidays

Oct 16, 2021

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by

Indranath Jha

in Pellets

SteelMint’s bi-weekly domestic pellet (Fe 63%) index, PELLEX, increased further by INR 100/t to INR 14,000/t DAP Raipur on 16 Oct’21. Limited trade activities were seen amid festive holidays. In a recent deal, 10,000 t of pellets was booked at INR 14,000/t exw-Raipur. Central India-based pellet makers have kept offers unchanged for the domestic market,…