Tag: Indian Pellet Prices
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SteelMint: PELLEX falls on lower bids post-export duty announcement
SteelMint’s bi-weekly domestic pellet (Fe 63%) index, PELLEX, stood at INR 9,000/tonne (t) DAP Raipur on 24 May 2022, down by around INR 1,100/t compared to the last assessment on 20 May. Pellex has fallen to its one-and-a-half year low post-announcement of the export duty of 45% on pellets by the Indian government late last…