Tag: India pellet index
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SteelMint: PELLEX falls INR 100/t on thin trading, competitive offers from eastern India
SteelMint’s bi-weekly domestic pellet (Fe 63%) index, PELLEX, stood at INR 8,700/tonne (t) DAP Raipur on 26 July, 2022, down by INR 100/t compared to the last assessment on 22 July. Only one deal was reported for around 1,000 t but not considered in the calculation of the index. Rationale: PELLEX has been derived using…