SteelMint

Tag: India FOB Pellet Index

  • Indian pellet export market remains silent due to Chinese holidays

    Indian pellet export market remains silent due to Chinese holidays

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    by

    Indranath Jha
    in

    SteelMint’s pellet export index (FoB east coast India) has increased marginally by $2/t w-o-w to $122/t on 07th Oct’20. However, market participants highlighted no firm trades to have concluded due to ongoing Chinese holidays. Rationale: In absence of confirmed trades (T1), the entire weightage for index calculation has been transferred to T2 inputs. SteelMint has…