Tag: PELLEX
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PELLEX drops to 5-month low in Aug’21 despite trade volumes rising 76%, m-o-m
SteelMint’s iron ore pellet (Fe 63%) index, PELLEX, which monitors trade volumes and prices in the key central Indian market of Raipur recorded total transactions at 125,000 t in Aug’21 – 76% higher than 71,000 t in Jul. Trade volumes breached the 100,000 t level for the first time since Apr, SteelMint data shows. Weak…