Tag: India pellet export index
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India: BigMint’s pellet export index remains stable w-o-w; deals absent in Indian Ocean
Lower export realisations discourage traders Bid-offer disparities widen, preventing deals Indian pellet prices remained largely range-bound w-o-w in the export market, with no major trades observed. Market participants remained cautious, as lower realisations discouraged exporters from concluding deals at prevailing prices. BigMint’s India pellet (Fe 63%, 3% Al) export index (FOB east coast) remained stable…