Tag: PELLEX

SteelMint’s PELLEX: Trade volumes drop 64% m-o-m in June on low demand from sponge producers

Jul 8, 2021

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by

Indranath Jha

in Pellets

The total volume of trade recorded by SteelMint’s domestic iron ore pellet index, PELLEX, stood at 30,000 t in Jun’21 – a decline of over 64% compared with 85,000 t in May, SteelMint data shows. Trading remained subdued on weak steel market sentiments, continuing a steady decline from 163,000 t in April. Trading on slow…