Tag: India FOB Pellet export index
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Indian pellet export index increases around $5/t tracking global price gains
SteelMint’s pellet export index (FOB east coast India) increased around $5/t this week. Index stood at $141/t on 2nd Dec’20. Indian major pellet makers have not been offering material for exports since past few weeks, considering higher realizations in domestic market. Demand from China remained firm due to less availability of Indian cargoes. Rationale: No…