Tag: India pellet export index
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India: BigMint’s pellet export index stable w-o-w, but trade momentum remains subdued
Wide bid-offer gaps keep east coast-based sellers cautious Chinese steel output cut news boosts market sentiment Indian pellet export prices recorded support this week, driven by recent steel production cuts in China. However, trading activity remained subdued, as bid-offer mismatches persisted, keeping sellers on the east coast cautious. With buyers unwilling to raise their bids,…