Tag: PELLEX

India: PELLEX drops INR 250/t ($3/t) after NMDC price cut; buyers resume inquiries

Jul 1, 2025

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by

Ratiram Gurjar

in Uncategorized

NMDC trims iron ore prices by INR 500-650/t ($6-8/t) Raipur producers slash pellet offers by INR 300/t today Pellet prices in Raipur dropped by INR 300/t ($3.5/t) today following NMDC’s revision in iron ore prices. The reduction has triggered active buying, especially from mills that were previously hesitant due to elevated raw pellet offers. India’s…