Tag: India pellet index pellex
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India: PELLEX falls by INR 50/t following decline in sponge iron, billet prices
Sharp fall in sponge iron prices seen over last couple of days Buyers show preference for iron ore lumps due to cost viability Pellet prices in the Raipur region remained under pressure this week following a sharp decline in sponge iron and billet prices, which weakened market sentiment across the downstream steel segment. Market participants…