Tag: PELLEX

India: PELLEX falls INR 100/t ($1/t) on limited trades, declining DRI prices

Nov 15, 2024

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by

Ratiram Gurjar

in Pellets

PDRI and billet prices fall over INR 1,000/t w-o-w Steelmakers wait for OMC iron ore auction Pellet prices in Raipur have declined due to a gap between bid and offer prices, driven by weak market conditions downstream. Despite Odisha-based pellet producers lowering their offers to attract Raipur-based buyers, trade activity remained subdued. Most buyers were…