Tag: PELLEX

India: PELLEX rises by INR 500/t ($6/t) post-increased premiums in OMC auction

Oct 22, 2024

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by

Ratiram Gurjar

in Pellets

Raipur offers rise by INR 500/t ($6/t) this week Falling sponge, billet prices impact pellets sales Pellet prices in central and eastern India surged following the recent OMC auction, where m-o-m premiums exceeded INR 1,000/tonne ($12/t) — significantly increasing manufacturing costs of the same. In response, major pellet plants in Odisha raised their offers by…