Tag: India pellet index

SteelMint: PELLEX falls by INR 150/t as market awaits NMDC price revision

Jul 9, 2021

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by

Indranath Jha

in Pellets

SteelMint’s bi-weekly domestic pellet index, PELLEX, fell further by INR 150/t to INR 15,550/t DAP Raipur. Lower bids on falling steel margins and a stream of competitive offers to Raipur buyers from producers based outside the state capital continue to keep pellet offers under pressure, even as the market waits for NMDC’s price announcement for…