Tag: PELLEX

SteelMint: PELLEX rises sharply in Feb’22 even as trade volumes drop over 40%, m-o-m

Mar 7, 2022

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Admin Operation

in Pellets

SteelMint’s domestic pellet index, PELLEX, which monitors the central Indian market of Raipur in Chhattisgarh, saw total traded volumes in Feb’22 fall 42% to 104,000 tonnes (t) from 179,500 t in Jan, SteelMint data shows. Even as the index edged higher total trades contracted due to the lack of interest among buyers to make purchases…