BigMint's bi-weekly domestic pellet (Fe 63%) index, PELLEX, rose by INR 400/t ($5/t), reaching INR 9,000/t ($107/t) DAP Raipur as of 24 September 2024. Raipur-based sellers successfully sold 30,000-35,000 tonnes (t) of pellets (Fe 63%) at INR 8,900-9,000/t ($106-107/t) ex-works today, following the price hike. In other transactions, Raipur steelmakers purchased approximately 30,000 t of pellets (Fe 62.5-63%) from Odisha at INR 8,500-8,900/t ($102-105/t) DAP Raipur over the past few days.