Tag: Indian Pellet Prices
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SteelMint: PELLEX falls marginally in recent deals
SteelMint’s bi-weekly domestic pellet (Fe 63%) index, PELLEX, fell marginally by around INR 50/t to INR 12,100/t DAP Raipur on 31 Aug’21. Two deals were recorded by SteelMint during the current assessment period. Raipur-based pellet makers have kept offers stable at INR 12,000-12,300/t exw. However, buyers are expecting that further price cuts are round the…