Author: Romil Sethi

NMDC, India’s largest iron ore miner, produced 3.53 mnt of raw material in Oct’22, up by 29% from 2.73 mnt in September. SteelMint’s bi-weekly domestic pellet (Fe 63%) index, PELLEX, stood at INR 7,800/tonne (t) down by INR 200/t on 1 November compared to the last assessment on 28 October, 2022 on falling demand. SteelMint’s…