Tag: India Pellet Prices

SteelMint: PELLEX stable even as declining sponge prices pose concerns

Jun 18, 2021

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by

Indranath Jha

in Pellets

SteelMint’s bi-weekly domestic pellet index, PELLEX, remained stable this week at INR 16,200/t, DAP Raipur. No deal was reported in this publishing window. The market is silent and hardly any buying inquiry was heard against current pellet offers, given falling steel margins. However, as per reports provided by market sources, south India-based pellet producers have…