Tag: PELLEX
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India: PELLEX falls INR 250/t ($3/t) after local pellet suppliers slash offers
Falling sponge iron, semis prices pressure pellet tags Market sees need-based trade amid cautious sentiment Pellet prices in Raipur declined by around INR 300/t over the past couple of days as local producers reduced their offers in response to falling sponge iron (PDRI) and semi-finished steel tags. Market participants stated that the price correction followed…