Tag: Raipur pellet

SteelMint: PELLEX falls to five-month low as suppliers turn aggressive in domestic market

Aug 20, 2021

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by

Indranath Jha

in Pellets

SteelMint’s bi-weekly domestic pellet (Fe 63%) index, PELLEX, fell sharply by INR 1,100/t to INR 13,300/t DAP Raipur on 20 Aug’21. The index fell to a five-month low, with similar price levels last seen in end-Mar’21. A Raipur-based pellet producer lowered offers by INR 1,500/t to INR 13,000/t exw. However, other players continued to hold…