Tag: PELLEX
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India: PELLEX falls by INR 200/t ($2/t) as local pellet plants slash offers
Sellers’ price cuts fail to boost demand substantially Falling sponge iron, billet prices keep buyers cautious Pellet prices in the Raipur region declined in the last four days, primarily driven by muted buying interest and a sharp correction in downstream steel prices. A fall in sponge iron and billet prices pushed pellet suppliers to revise…