Tag: India pellet export index
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India: BigMint’s pellet export index falls $9/t amid weak Chinese demand
Global fines spot, future prices fall sharply Domestic-export realisation gap widens Chinese restocking likely ahead of holidays Indian pellet prices in overseas markets remained under pressure following a sharp fall in spot prices. Buying interest was on the lower trend as Chinese steel mills preferred low-grade iron ore as feedstock on thinner margin. BigMint’s India…