Tag: PELLEX
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SteelMint: PELLEX climbs to a seven-month high on hike in offers
SteelMint’s bi-weekly domestic pellet (Fe 63%) index, PELLEX, stood at INR 14,400/tonne (t) DAP Raipur on 8 Mar’22, up around INR 1,100/t against the last assessment on 4 March. The index has hit a seven-month high as the similar price levels were last seen in Aug’21. Rationale: PELLEX has been derived using data points: i.e.…