Tag: India pellet index pellex

India: PELLEX remains stable despite drop in sponge, finished steel prices

Apr 26, 2024

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by

Ratiram Gurjar

in Pellets

Sharp drop seen in sponge, billet prices NMDC to auction 225,000 t of iron ore BigMint’s bi-weekly domestic pellet (Fe 63%) index remained stable at INR 9,850/t ($118/t) DAP Raipur on 26 April 2024 compared to the last assessment on 23 April. Buyers remained cautious about purchasing material amid fluctuating sponge and finished steel prices.…