Author: Romil Sethi

SteelMint’s bi-weekly domestic pellets (Fe 63%) index, PELLEX, stood at INR 7,600/tonne (t), down by INR 200/t on 15 November compared to the last assessment on 11 November, 2022. Trades continued to remain muted on bid-offer disparities and the drop in sponge iron prices. SteelMint’s daily sponge iron, CDRI, index was assessed at INR 30,500/tonne…