Tag: sponge iron price decline
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India: PELLEX remains stable despite decline in sponge iron, billet prices
Pellet-makers keep offers unchanged OMC cuts base prices for upcoming auction Pellet prices in Raipur remained largely stable, with a cautious undertone in the market amid weakness in sponge iron and billet segments. Sentiment across the downstream steel value chain stayed subdued, limiting aggressive buying interest. Trades and price movements PELLEX, BigMint’s bi-weekly domestic pellet…