PELLEX Inches Up in Recent Deal

PELLEX inch up by INR 100/MT to INR 6,700/wmt (DAP Raipur) in a recent deal.

One of the Pellet makers from Raipur concluded 5,000 MT pellet deal to Bilaspur at INR 6,600/MT (Ex-plant) normalizing for freight to Raipur at INR 6,750/MT(DAP, Raipur) in this publishing window.

Raipur based pellet makers kept the offers stable at INR 6,700/MT( Ex-plant); normalizing for freight to Raipur at INR 6,850/MT (DAP Raipur).

Raigarh based pellet makers are offering pellets at INR 5.900-6,000/MT (Ex-plant).

SteelMint P-DRI Assessment (Feb 21, 2020) increased by INR 100/MT W-o-W to INR 18,600/MT (Ex-plant) against INR 18,500/MT last week.

Eastern India based pellet maker has concluded a pellet export deal for 50,000 MT for Fe 64% grade pellets with 3% Al at USD 119/MT, CFR China.

India Pellet Trade-:

-- Bellary based major pellet maker sold around 12,000 MT pellets in a week at INR 7,100-7,200/MT (Ex-plant).

Click here to see SteelMint Pricing Methodology and Rationale documents.

To provide feedback/suggestions, please contact info@steelmint.com