Author: Lalita
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India: Domestic pellet prices inch up in July on rise in sponge iron prices
Domestic pellet prices recovered by as much as 11% m-o-m in July on the back of improved buying interest supported by an increase in sponge iron prices. Seasonal uptick in raw material and steel prices during the month also lent support to pellet prices. SteelMint’s pellet index, PELLEX, edged up by INR 690/t m-o-m to…