Tag: PELLEX
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India: PELLEX inched down by INR 50/t ($1)* amid lack of deals, market awaits NMDC iron ore prices revision
Bid-offers disparity weighs on deals Sponge iron, billet prices fall sharply w-o-w The Raipur pellet market remained under pressure this week as steelmakers stayed on the sidelines, waiting for price clarity. With no deals reported, market participants noted a cautious sentiment driven by the recent sharp drop in sponge PDRI and steel prices. BigMint’s bi-weekly…