Tag: Indian Pellet Prices
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SteelMint: PELLEX stays stable in total absence of trade
SteelMint’s bi-weekly domestic pellet index, PELLEX, remains stable at INR 15,550/t DAP Raipur. Deals are still not happening as there is disparity between bids and offers. Buyers are showing almost no interest at purchasing material at prevailing high rates. However, Raipur-based pellet producers have kept offers unchanged, with current offers for Fe 62.5%/63% pellets standing…