Tag: pellet trade
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India: Domestic pellet trade volumes plummet by 30% m-o-m in Feb’25
Demand softens amid muted steel market, FY-end Buyers show preference for lumps over pellets The domestic pellet market recorded a decline of 30% m-o-m in trade volumes in February 2025, according to BigMint’s data. February’s volume stood at 1.14 million tonnes (mnt) against 1.62 mnt in January. Bookings slowed down, driven primarily by reduced demand…