Tag: India pellet export index
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SteelMint: India pellet export index rises tracking fines rally
SteelMint’s India pellet (Fe 63%, 3% Al) export index FOB east coast was recorded at $123/t, up $5/t w-o-w despite sluggish pellet demand in the export market. As per market sources, one deal for 55,000 t of pellets (Fe 63%) is under negotiations and may get concluded at around $136-137/t CFR China. Another tender for…