Tag: India pellet index pellex
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India: PELLEX falls to one-year low, buyers await OMC auction results
Sponge prices under pressure w-o-w No major deals from Odisha, Raipur BigMint’s bi-weekly domestic pellet (Fe63%) index fell by INR 50/tonne (t) to INR 9,050/t ($109/t) DAP Raipur on 19 July, 2024 compared to the last assessment on 16 July. PELLEX dropped to a year’s low. The last time such levels were seen in the…