Tag: PELLEX
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India: PELLEX drops INR 50/t amid subdued pellet demand at current offers
Sponge iron, billet prices fall INR 800-1,000/t w-o-w Buyers are in wait and watch mode amid weakening market Pellet prices in the Raipur region continued to remain under pressure this week amid persistently weak demand and a sharp correction in downstream steel prices. The decline in sponge iron and billet prices has significantly impacted buying…