Tag: PELLEX
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India: PELLEX remains stable with need based demand from buyers
Buyers waiting for a price revision Semis, sponge iron tags down INR 600-800/t w-o-w Pellet prices in Raipur remained rangebound this week as trading activity was limited to need-based buying by the local steelmakers. Market participants reported muted sentiment as buyers stayed cautious amid the continuous decline in sponge iron and semi-finished steel prices, which…