Author: Romil Sethi

SteelMint’s bi-weekly domestic pellets (Fe 63%) index, PELLEX, remained stable at INR 10,200/tonne (t) DAP Raipur on 24 February compared to the last assessment on 21 February 2023. Around 20,000 t of deals were reported. The index remained range-bound amid fall in sponge iron offers. Sponge iron prices dropped in the range of INR 150-450/t…