Author: Ratiram Gurjar
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India: PELLEX descends to two-month low in recent deals
Sponge iron prices fall by over INR 1,000/t w-o-w Landed pellet offers from nearby locations down sharply Bids in OMC’s iron ore auction drop around INR 1,000/t m-o-m BigMint’s bi-weekly domestic pellet (Fe63%) index dropped by INR 450/t ($5/t) to INR 9,850/t ($117/t) DAP Raipur on 21 June, 2024 compared to the last assessment on…