Tag: India pellet index pellex
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India: PELLEX remains stable post OMC auction amid weak steel market
Bid-offer disparities slow down trade Bids rise INR 150/t in OMC’s fines auction Pellet prices in the Raipur region remained largely stable this week following the recent Odisha Mining Corporation (OMC) iron ore fines auction. However, market activity slowed down significantly due to lack of offers in the market. Trading activity was limited due to…