Tag: Indian domestic pellet price

SteelMint: PELLEX stable even as bids fall on weakening sponge iron prices

Oct 22, 2021

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by

Indranath Jha

in Pellets

SteelMint’s bi-weekly domestic pellet (Fe 63%) index, PELLEX, was stable at INR 13,800/t DAP Raipur on 22 Oct’21. Trade activity remained muted in this publishing window, though. Central India-based pellet makers continued to keep their offers stable for the domestic market, sources informed SteelMint. Current offers for pellets (Fe 63%) stand at INR 13,700-14,000/t exw-Raipur.…