Tag: pellet India pellex

  • India: PELLEX falls by INR 50/t amid supply squeeze

    India: PELLEX falls by INR 50/t amid supply squeeze

    Market awaits OMC iron ore auction outcome Major sellers have opted for maintenance downtimes Pellet prices in Raipur remained largely stable this week, though trading activity continued to stay muted. The sluggish sentiment is primarily attributed to the recent decline in sponge iron and semi-finished steel prices, which has kept buyers from aggressively restocking pellets.…