Tag: India pellet index price
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SteelMint: PELLEX falls by INR 50/t on declining sponge iron prices
SteelMint’s bi-weekly domestic pellet index, PELLEX, fell marginally to INR 15,900/t, DAP Raipur. No deal was reported in this publishing window. The market continues to remain muted and trades have dried up on a steady decline in sponge iron prices amid subdued finished steel sales in the domestic market. Raipur-based pellet producers have kept offers…