Author: Lipsita Nayak

PELLEX, BigMint’s bi-weekly domestic pellet (Fe 63%) index for Raipur, increased by INR 200/t ($2/t) to INR 9,300/t ($98/t) DAP. Raipur-based pellet sellers concluded bulk deals (for 325,000 t, as per BigMint’s records) in mid-June amid pre-monsoon demand from steelmakers. India’s domestic sponge iron prices fell by INR 100-300/t day-on-day across most regions. Raigarh-based sellers…