Category: Pellets

PELLEX, BigMint’s bi-weekly domestic pellet (Fe 63%) index for Raipur, remained stable at INR 10,400/t ($110/t) DAP. BigMint recorded deals for around 21,000 t, concluded at INR 10,200-10,300/t ($108-109/t) exw-Raipur by local pellet producers. BigMint’s billet index in Raipur declined further by INR 150/t d-o-d to INR 41,900/t ex-works. The conversion spread from sponge iron…