Tag: Indian domestic pellet offers
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SteelMint pellet index falls in absence of trades
SteelMint’s bi-weekly domestic pellet index “PELLEX” decreased sharply by INR 500/t on Friday (21st Aug’20) at INR 7,800/t DAP, Raipur in absence of trades and the recent plunge in semi-finish steel prices. Raipur pellet makers have kept offers stable. However, no deals were reported in this publishing window. Few sponge manufacturers are looking to resell…