Tag: India pellet index pellex
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India: PELLEX remains stable amid lack of deals
Buying remains muted amid drop in sponge iron prices Major Raipur-based producer cuts pellet prices BigMint’s bi-weekly domestic pellet (Fe63%) index remained largely stable at INR 10,650/t ($128/t) DAP Raipur on 11 June, 2024 compared to the last assessment on 7 June. No active deals were recorded in Raipur due to weak market sentiments. Buyers…