Author: Ratiram Gurjar
-
India: PELLEX remain stable with weaken market continued
Buyers continue to prefer lumps over pellets Lack of spot inquiries weighed on trading activity PELLEX, BigMint’s bi-weekly domestic pellet (Fe 63%) index for Raipur, remained stable at INR 10,050/t ($106/t) DAP on Tuesday compared to 1 May. BigMint recorded deals for around 5,000 t, concluded at INR 9,900/t ($104/t) exw-Raipur by local pellet producers.…