Author: Nishtha Mukherjee
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India: Declining Global Prices May Put Domestic Pellet Prices Under Pressure
Domestic pellet prices in eastern India may come under pressure in the near term as few pellet exporters have actively started offering material in domestic market post sharp decline in pellet offers. Falling iron ore prices in China has lowered Indian pellet export offers by around USD 4/MT W-o-W. Following this, many east India based…