Tag: India FOB Pellet export index

Indian pellet export index increases by $7/t, dip in futures weaken sentiments slightly

Dec 23, 2020

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by

Indranath Jha

in Pellets

SteelMint’s pellet export index (FOB east coast India) increased to $177/t, up by $7/t w-o-w. The factors that supported price hike were falling pellet inventory at Chinese ports and robust demand for high grade ore. “We are offering pellets at $197/t CFR China for Fe 63% pellets mid-Jan laycan. Although, heard a few Indian pellet…