Author: Indranath Jha

SteelMint: PELLEX remains stable while buyers wait for further drop in prices

Sep 10, 2021

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by

Indranath Jha

in Pellets

SteelMint’s bi-weekly domestic pellet (Fe 63%) index, PELLEX, remained stable at INR 11,300/t DAP Raipur on 10 Sept’21. Around 25,000 t of deals for Fe 62.5/63% pellets were recorded by SteelMint at around INR 11,350-11,550/t DAP Raipur during the current assessment period. A couple of Raipur-based pellet players slashed offers yesterday by INR 500-600/t after…