Tag: PELLEX India domestic pellet index

India: PELLEX falls by INR 150/t ($2/t) following reduction in local offers

May 23, 2025

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by

Ratiram Gurjar

in Pellets

Raipur prices drop by INR 200/t ($2.5/t) Lower offers encourage trading activity Pellet prices in the Raipur region saw a downward revision this week, driven by sluggish trading activity and weakening fundamentals in the local steel market. Market sources confirmed that sellers, facing mounting sales pressures, have lowered offers to encourage buying interest amid weakened…