Category: Pellets

PELLEX, BigMint’s bi-weekly domestic pellet (Fe 63%) index for Raipur, rose by INR 200/t to 9,400/t ($99.5/t) DAP. Pellet producers in Raipur lifted offers for Fe 62.5/63% (0.5%) grade pellets to INR 9,300-9,400/t ($97-98/t) exw. BigMint’s billet index increased by INR 150/t d-o-d to INR 37,600/t exw-Raipur. The conversion spread between pellet-based direct reduced iron…