Author: Lipsita Nayak

PELLEX, BigMint’s bi-weekly domestic pellet (Fe 63%) index for Raipur, decreased by INR 400/t to INR 8,900/t ($94/t) DAP. BigMint recorded nearly 140,000 tonnes of pellet transactions were concluded by Raipur-based pellet producers over the last couple of days at INR 8,700-8,800/t exw. India’s sponge iron market remained under pressure during the week. Benchmark pellet-based…