Tag: India Pellet Prices
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SteelMint: PELLEX remains stable even amid absence of deals
SteelMint’s bi-weekly domestic pellet (Fe 63%) index, PELLEX, stood at INR 9,200/tonne (t) DAP Raipur on 5 August, 2022, stable compared to the last assessment on 9 August. No deal was concluded this week so far as buyers held back purchases on falling sponge iron prices. Rationale: PELLEX has been derived using data points: i.e.…