Tag: PELLEX
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India: PELLEX remains stable following OMC auction, deals muted
Market remains cautious on softening sponge, billet tags Buyers waiting for price drops before making new deals Raipur’s pellet prices were stable over the last couple of days, though trades remained subdued due to weak market sentiments. Sponge iron and billet prices declined w-o-w, largely driven by liquidity concerns and limited inquiries from end-users, which…