Tag: India pellet index pellex
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India: PELLEX falls by INR 50/t on muted trade, bid-offer disparity
BigMint’s bi-weekly domestic pellet (Fe63%) index fell by INR 50/t to INR 9,100/t ($109/t) DAP Raipur on 16 July, 2024 compared to the last assessment on 12 July. No major pellet deals were witnessed in the Raipur region amid lack of buying interest. Major sponge iron producers remained in a wait-and-watch mode as they were…