Tag: India pellet index pellex

  • India’s PELLEX dips INR 50/t; further decline unlikely

    India’s PELLEX dips INR 50/t; further decline unlikely

    Pellet offers drop INR 200-300/t Bulk deals recorded at reduced offers Sponge iron, billet offers increase BigMint’s bi-weekly domestic pellet (Fe 63%) index inched down by INR 50/t ($0.5/t) to INR 9,150/t DAP ($108/t) Raipur on 2 April 2024 compared to the last assessment on 29 March. Around 28,000 t pellet (Fe 63/63.5%) deals were…