Tag: PELLEX

India: PELLEX falls INR 200/t ($2.5/t) even as market awaits NMDC’s iron ore price revision

Dec 3, 2024

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by

Ratiram Gurjar

in Pellets

Some Raipur producers reduce offers by INR 200/t ($2.5/t) Sponge iron, billet prices drop INR 300-400/t ($4-5/t) w-o-w Pellet prices in Raipur continue to remain subdued due to limited trading activity amid lack of buying interest from steelmakers. Local pellet producers, even after some relaxation in offers, reported no significant transactions due to a persistent…