Tag: Sponge Iron
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India: PELLEX remains stable amid cautious buying
Sellers keep offers firm amid tight availability, limiting downside Buyers cautious amid uncertain sponge iron demand outlook PELLEX, BigMint’s bi-weekly domestic pellet (Fe 63%) index for Raipur, remained unchanged at INR 10,200/t ($107/t) DAP on 14 August 2026, in line with the previous assessment on 11 August. Market activity remained mixed, with some sellers concluding…