Tag: Indian pellet deals
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SteelMint: PELLEX down INR 200/t on bearish steel market sentiments
SteelMint’s bi-weekly domestic pellet index, PELLEX, moved down by INR 200/t this week to INR 16,000/t, DAP Raipur. No deal was reported in this publishing window. The market is still silent with hardly any inquiries for pellet, as per trader sources, given falling steel margins. As per market sources, southern India-based pellet producers are exploring…