Tag: Domestic pellet offers

Rationale: Indian pellet index increases by INR 150/t on active trades

Jul 14, 2020

—

by

Indranath Jha

in Pellets

SteelMint’s bi-weekly domestic pellet index “PELLEX” rose by INR 150/t on Tuesday (i.e 14th Jul 2020) to INR 6,200/t DAP Raipur on recent deals and higher offers. Increased buying interest from China and surge in Dalian iron ore futures lifted pellet export prices. This price has been derived using five data points: i.e trades, offers,…