Author: Lipsita Nayak

PELLEX, BigMint’s bi-weekly domestic pellet (Fe 63%) index for Raipur, remained stable at INR 9,100/t ($96/t) DAP. Pellet makers in Raipur kept offers stable for the Fe 62.5/63% (0.5%) grade at INR 8,900-9,000/t ($94-95/t) exw. India’s sponge iron market exhibited a mixed trend, with prices declining by INR 50-250/t across most regions. sponge iron trade…