Tag: PELLEX
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India: PELLEX rises INR 200/t post NMDC price revision; weak steel market impacts demand
Raipur offers rise by INR 200/t Buyers opt for wait-and-watch strategy PELLEX, BigMint’s bi-weekly domestic pellet (Fe 63%) index for Raipur, increased by INR 200/t to INR 9,600/t ($101/t) DAP on 9 June against 5 June. Raipur pellet prices rose this week, with local pellet producers revising offers higher following NMDC’s latest iron ore price…