Tag: Indian pellet deals
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SteelMint: PELLEX stays stable with market quiet on falling sponge prices
Pellet trade in the domestic market have slowed down on declining sponge iron and billet prices. However, pellet offers remain supported. SteelMint’s bi-weekly domestic pellet index, “PELLEX” remains stable at INR 16,300/t, DAP Raipur, this week. No deals were reported in this publishing window, though. A couple of Raipur-based pellet producers are still not offering…