Tag: PELLEX

India: PELLEX rises by INR 200/t as producers lift offers; market waits for NMDC’s iron ore price revision

Jul 4, 2026

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by

Ratiram Gurjar

in Pellets

Offers rise on pre-monsoon restocking demand, tight supply Trade remains muted due to weak downstream markets PELLEX, BigMint’s bi-weekly domestic pellet (Fe 63%) index for Raipur, increased by INR 200/t ($2/t) to INR 9,300/t ($98/t) DAP on 3 July 2026 against 30 June. In a coordinated move, local producers raised pellet offers by INR 200/t…