Author: Lipsita Nayak

PELLEX, BigMint’s bi-weekly domestic pellet (Fe 63%) index for Raipur, dropped by INR 100/t to INR 9,800/t ($101/t) DAP. BigMint recorded a few deals totalling around 25,000 t, concluded at INR 9,500-9,950/t ($98-103/t) DAP-Raipur by local and Odisha-based producers. India’s sponge iron prices declined by INR 150-450/t d-o-d across major regions on weak demand conditions…