Tag: PELLEX

India: PELLEX rises by INR 400/t ($5/t) following offer hike after OMC auction

Sep 24, 2024

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by

Ratiram Gurjar

in Pellets

Raipur pellet offers increase by INR 300-400/t ($4-5/t) today Sponge P-DRI, billet prices significantly rise w-o-w Buying interest improves following increase in market liquidity BigMint’s bi-weekly domestic pellet (Fe 63%) index, PELLEX, rose by INR 400/t ($5/t), reaching INR 9,000/t ($107/t) DAP Raipur as of 24 September 2024. Raipur-based sellers successfully sold 30,000-35,000 tonnes (t)…