Tag: India pellet pellex
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SteelMint: PELLEX hits two-month low amidst low buying
SteelMint’s bi-weekly domestic pellets (Fe 63%) index, PELLEX, inched down by around INR 100/t to INR 9,800/tonne (t) DAP Raipur today compared to the last assessment on 17 March, 2023. The index has hit close to a 2-month low as INR 9,700/t DAP Raipur levels were seen in mid-January, 2023. Rationale: PELLEX has been derived…