Tag: Domestic pellet offers

SteelMint’s bi-weekly domestic pellet index, PELLEX, fell by INR 100/t to INR 15,800/t, DAP Raipur, on competitive pricing from other states. Although no deal was reported in this publishing window, bids have fallen considerably on declining sponge iron prices and falling margins. As per sources, buyers are trying out material on a sample basis to…