Tag: India pellet export index
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India: Pellet export prices drop by $3/t w-o-w on lack of demand
BigMint’s India pellet (Fe63%, 3% Al) export index (FOB east coast) fell by $3/t w-o-w to $97/t on 26 Dec’24. The seaborne market remained silent due to the Christmas holidays, with nil inquiries this week. Moreover, some sellers focused on domestic deals due to better realisations. Meanwhile, China’s iron ore fines index (Fe62%) fell by…