Author: Lalita
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India: Pellet prices decrease by up to 26% in June on subdued sentiments
Domestic pellet prices were mostly on a downward trend in June. Weak demand, declining offers, limited trade and price cuts by NMDC weighed on the material, with prices dropping by up to 26% in June. SteelMint’s pellet index, PELLEX, fell sharply by INR 2,090/t m-o-m to INR 10,020/t /t exw-Raipur in June as against May.…