Tag: India pellet pricess

SteelMint: PELLEX falls further on declining sponge prices, bid-offer disparity

Nov 16, 2021

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by

Indranath Jha

in Pellets

SteelMint’s bi-weekly domestic pellet (Fe 63%) index, PELLEX, fell by another INR 200/t to INR 11,450/t DAP Raipur on 16 Nov’21. No deals were reported in this publishing window due to bid-offer disparities. However, market participants expect offers to fall further in the short term. Central India-based pellet makers kept their offers stable today, sources…