Tag: PELLEX India domestic pellet index

India: PELLEX falls INR 100/t ($1/t) after reduction in offers; trades remain moderate

Sep 5, 2025

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by

Ratiram Gurjar

in Pellets

Pellet offers fall by INR 200/t ($2/t) in Raipur Sponge iron and billet prices show recovery w-o-w Pellet prices in Raipur witnessed a correction this week as local producers reduced their offers, tracking the continued weakness in downstream steel markets in the last couple of weeks. Market participants noted that buyers booked only need-based quantities…