Tag: Pellet deals

SteelMint: PELLEX falls further by INR 200/t on lower bids

Dec 21, 2021

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by

Indranath Jha

in Pellets

SteelMint’s bi-weekly domestic pellet (Fe 63%) index, PELLEX, stands at INR 10,000/tonne (t) DAP Raipur on 21 Dec’21, down by around INR 200/t against the last assessment on 17 Dec’21. Limited trade and drop in bids pulled down the index further. Rationale: PELLEX has been derived using data points: i.e. trades, offers and bids. You…