Tag: India pellet export index
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India: BigMint’s pellet export index falls $5/t w-o-w amid downtrend in global iron ore prices
Domestic and export realisation gap continues to widen Weak buying interest from Chinese mills for seaborne pellets Pellet export prices have dropped this week driven by a decline in global iron ore fines spot and futures indices. The seaborne market has seen weak demand, as Chinese buyers have avoided buying Indian pellets. BigMint’s India pellet…