Tag: India pellet export index
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India: Pellet exports resume after withdrawal of export duty
India’s pellet export trade activities have improved following the export duty withdrawal by the Indian government last week. SteelMint’s India pellet (Fe 63%, 3% Al) export index, FOB east coast, stood at $101/t on 23 Nov’22. Trade activities have picked up post removal of 45% export duty announced last week by the Indian govt. Rationale…