Tag: India Pellet Price

SteelMint’s bi-weekly domestic pellet (Fe 63%) index, PELLEX, stood at INR 8,750/tonne (t) DAP Raipur on 27 May 2022, down by around INR 250/t compared to the last assessment on 24 May. With the decline in sponge iron and steel prices, pellet buying activity remained limited. Rationale: PELLEX has been derived using data points: i.e.…