Tag: India domestic pellet offers
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Rationale: Indian pellet index increases by INR 100/t on Odisha deal
SteelMint’s bi-weekly domestic pellet index “PELLEX” rose by INR 100/t on Friday (17th Jul 2020) to INR 6,300/t DAP Raipur on a recent deal in Odisha. Pellet export prices remain supported on the back of strong Chinese buying. This price has been derived using five data points: i.e trades, offers, bids, substitute parity, and export…