Tag: Indian pellet domestic price

SteelMint: PELLEX falls further by INR 600/t ($8) in absence of trades

May 28, 2021

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by

Indranath Jha

in Pellets

SteelMint’s bi-weekly domestic pellet index “PELLEX ” has decreased further INR 600/t to INR 15,400/t DAP Raipur. Interestingly, with steep decline in pellet offers of around INR 1,500/t seen in Bellary and Durgapur, competitive landed cost may attract Raipur based sponge makers, SteelMint notes. Raipur pellet makers hold offer firm, landed offers from other states…