Tag: India pellet index pellex

India: PELLEX falls by INR 350/t ($4/t) on sharp drop in sponge prices

Jun 18, 2024

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by

Ratiram Gurjar

in Pellets

Sponge, steel prices drop over INR 800/t w-o-w Buyers await for OMC iron ore auction BigMint’s bi-weekly domestic pellet (Fe63%) index dropped by INR 350/t ($3-4/t) to INR 10,300/t ($123-124/t) DAP Raipur on 18 June, 2024 compared to the last assessment on 14 June. No active deals of standard grade (Fe62.5/63.5%) were recorded in Raipur…