Category: Pellets

PELLEX, BigMint’s bi-weekly domestic pellet (Fe 63%) index for Raipur, remained stable at INR 9,300/t ($98/t) DAP. Around 24,000 t of pellet deals were recorded by Raipur-based sellers at INR 9,000-9,200/t exw. BigMint’s billet index declined by INR 250/t  to INR 37,600/t exw-Raipur. The conversion spread between pellet-based direct reduced iron (PDRI) and billets for…