Tag: India Pellet Price

SteelMint: PELLEX falls to over 3-month low on subdued trade, lower bids

Oct 18, 2022

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by

Indranath Jha

in Pellets

SteelMint’s bi-weekly domestic pellet (Fe 63%) index, PELLEX, stood at INR 8,000/tonne (t) down by INR 150/t compared to the last assessment on 14 October, 2022. The index fell to over three-month low as per data maintained with SteelMint. Lack of deals and competitive lumps offer from nearby states kept the buyers’ bids lowered. Rationale:…