Tag: Pellet Prices

SteelMint: PELLEX stable but trades muted on falling sponge iron prices

Nov 18, 2022

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by

Indranath Jha

in Pellets

SteelMint’s bi-weekly domestic pellets (Fe 63%) index, PELLEX, stood at INR 7,600/tonne (t), stable compared to the last assessment on 15 November, 2022. Trades remained muted on continuous bid-offer disparities and the sharp drop in sponge iron prices. Rationale: PELLEX has been derived using data points: i.e. trades, offers and bids. You can download the…