Tag: PELLEX index India
-
India: PELLEX falls by INR 100/t ($1/t) amid downward trend in steel market
Trades at lower prices as against offers Semi-finished steel prices fall sharply w-o-w PELLEX, BigMint’s bi-weekly domestic pellet (Fe 63%) index for Raipur, dropped by INR 100/t to INR 9,800/t ($101/t) DAP on 19 May (Tuesday) against 15 May. BigMint recorded a few deals totalling around 25,000 t, concluded at INR 9,500-9,950/t ($98-103/t) DAP-Raipur by…