Author: Indranath Jha
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SteelMint: Indian pellet export market remains silent; prices drop
SteelMint’s pellet export index (FoB east coast India) has decreased sharply by $12/t w-o-w to $115/t on Wednesday (i.e 23th Sept) amid plunge in global spot iron ore fines price and limited buying interest from Chinese mills due to price volatility. One pellet export deal was heard to be concluded at $126/t CFR, China this…