Tag: Pellet Prices

SteelMint: PELLEX down by INR 600/t on lower offers, falling sponge prices

Oct 26, 2021

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by

Indranath Jha

in Pellets

SteelMint’s bi-weekly domestic pellet (Fe 63%) index, PELLEX, down by INR 600/t to INR 13,200/t DAP Raipur on 26 Oct’21. Offers were cut sharply by pellet makers on falling sponge prices and muted pellet trade. Central India-based pellet makers cut their offers around INR 700/t for the domestic market, sources informed SteelMint. Current offers for…