Tag: India iron ore export index

India’s pellet export index edges down on lower bids, Chinese steel production cuts

Apr 20, 2022

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by

P Anjali

in Pellets

China’s ongoing National Development and Reform Commission’s (NDRC’s) checks and steel output cuts in China have continued to weigh down sentiments in India’s pellet exports market. India’s pellet (Fe 63%, 3% Al) export index (FoB east coast) decreased $3/t w-o-w to $158/t on 20 April, 2022 from $161/t on 13 April. Rationale One eastern India-based…