Tag: Ex-Raipur Pellet Index
-
India: PELLEX Up by INR 100/WMT Amid Thin Trades
PELLEX increased by INR 100/MT to INR 6,250/wmt (DAP Raipur) amid thin trade. Pellet deals for around 3,000 MT reported from Raipur market to Nagpur (Maharashtra) based sponge maker at INR 6,200/MT(Ex-plant); normalizing for freight to Raipur at INR 6,350/MT (DAP Raipur). The majority of sponge manufacturers are using iron ore lumps. Chhattisgarh based steel…