Tag: Indian Pellet Prices

SteelMint: PELLEX rises INR 100/t in recent deals as sponge prices rally

Jan 7, 2022

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by

Indranath Jha

in Pellets

SteelMint’s bi-weekly domestic pellet (Fe 63%) index, PELLEX, stands at INR 10,800/tonne (t) DAP Raipur on 7 Jan’22, up INR 100/t against the last assessment on 4 Jan’22. Around 17,000 t deals were reported this week. Rationale: PELLEX has been derived using data points: i.e. trades, offers and bids. You can download the detailed methodology…