Tag: PELLEX
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India: PELLEX remains stable, buyers expect price correction in near term
Sponge iron, billet prices fall INR 500-1,100/t w-o-w Sellers keep offers stable despite sluggish inquiries Pellet prices in the Raipur region remained stable over the past couple of days, even as buyers placed lower bids amid weakening market sentiment. The downtrend in downstream product prices, particularly sponge iron and billets, significantly impacted pellet demand and…