Author: Nidhi Awasthi
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India: PELLEX edge up by INR 100/t ($1/t) amid supply constraints
Tight pellet availability supports prices despite weak steel demand Muted trading activity as higher offers face resistance PELLEX, BigMint’s bi-weekly domestic pellet (Fe 63% ± 0.5%) index for Raipur, increased by INR 100/t ($1/t) to INR 11,900/t ($123/t) DAP Raipur on 9 October 2026, compared with the previous assessment on 6 October. Limited pellet availability…