Tag: PELLEX
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India: PELLEX remains stable despite hike in sponge iron prices
Pellet offers remain unchanged in Raipur Sponge iron, billet prices improve Market participants waiting for OMC auction results BigMint’s bi-weekly domestic pellet (Fe63%) index remained stable at INR 8,950/t ($107/t) DAP Raipur as of 20 August, 2024, compared to 16 August. Around 21,000 t of pellets (Fe62.5%) were sold by eastern India-based producers at INR…