Tag: India pellet index

SteelMint: PELLEX stable despite lack of deals as market awaits NMDC price revision

Aug 27, 2021

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by

Indranath Jha

in Pellets

SteelMint’s bi-weekly domestic pellet (Fe 63%) index, PELLEX, remained stable at INR 12,150/t DAP Raipur on 27 Aug’21. No deals were recorded by SteelMint during the current assessment period. India’s domestic pellet market continues to remain under pressure. Raipur-based pellet makers kept offers stable at INR 12,000-12,300/t exw. Although some buyers indicated that offers floating…