Author: Lalita
-
India: Pellet prices in Feb’22 remain supported on rising raw material, sponge iron prices
Iron ore pellet prices in India remained on the higher side throughout February’22, SteelMint assessment shows. The consistent increase in raw materials (iron ore and coal) and sponge iron prices kept pellet prices supported. However, demand remained moderate. SteelMint’s bi-weekly pellet index, PELLEX, stood at INR 12,650/t on 25 February, up INR 500/t m-o-m. Prices…