Tag: PELLEX
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SteelMint: PELLEX up INR 300/t on bullish domestic, global market trends
SteelMint’s bi-weekly domestic pellet (Fe 63%) index, PELLEX, stood at INR 13,300/tonne (t) DAP Raipur on 3 Mar’22, up around INR 300/t against the last assessment on 1 March. The index rebounded to a four-month high in a recent deal. Around 25,000 t of pellet deals have been reported in this publishing window. Rationale: PELLEX…