Author: Ratiram Gurjar

India: PELLEX falls by INR 200/t ($2/t) on weak downstream demand

Apr 21, 2026

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by

Ratiram Gurjar

in Pellets

OMC fines bids dropped INR 300/t ($3/t) m-o-m in Apr e-auction Sales pressure led to a reduction in Raipur pellet offers by INR 200/t Pellet prices in the Raipur region declined by INR 200-300/t ($2-3/t) in recent days on 21 April, reflecting mounting pressure from the semi-finished steel segment and weaker iron ore trends observed…