Tag: Pellet Rake Movement
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Domestic Pellet Rake Movement Falls nearly 50% in Aug’16
Higher realizations in exports over domestic market kept pellet makers more inclined towards export market. According to pellet rake movement data maintained with SteelMint, movement by eastern India based pellet plants decreased in Aug’16 by nearly 50% M-o-M. 17 pellet rakes were dispatched in Aug’16 compared to 32 rakes in Jul’16. Increased pellet premium and…