Tag: Raipur iron ore

India: PELLEX rises by INR 250/t as raw material shortage lifts demand

Aug 18, 2026

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by

Adarsh Sahu

in Pellets

Tight availability of lumps and fines pushes up raw material costs Stronger sponge iron and billet demand supports pellet buying PELLEX, BigMint’s bi-weekly domestic pellet (Fe 63%) index for Raipur, increased by INR 250/t to INR 10,450/t ($109/t) DAP on 18 August 2026 from INR 10,200/t on 14 August. The rise was primarily driven by…