Tag: India Pellet Price
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SteelMint: PELLEX up INR 500/t in recent deal, sponge prices recover
SteelMint’s bi-weekly domestic pellet (Fe 63%) index, PELLEX, stands at INR 12,650/tonne (t) DAP Raipur on 18 Feb’22, up INR 500/t against the last assessment on 15 Feb’22. A pellets deal of around 10,000 t was confirmed at INR 12,650/t (DAP, Raipur) in this publishing window. Rationale: PELLEX has been derived using data points: i.e.…