Tag: India pellet index pellex

Local pellet producers cut offers by around INR 200/t Sponge PDRI, billet tags fall by INR 500-1,000/t w-o-w Raipur pellet prices witnessed a notable drop of INR 200-300/tonne (t) ($2.5-3.5/t) this week, driven by continued bearish sentiment across the sponge iron and finished steel markets. Local pellet producers responded swiftly to the downtrend by slashing…