Tag: India pellet export index
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SteelMint’s India pellet export index slips on falling global iron ore fines prices
India’s pellet export market witnessed limited trades this past week. SteelMint’s India pellet (Fe 63%, 3% Al) export index, FOB east coast, decreased by $10/t w-o-w to $134/t on 11 May, 2022 from $144/t on 4 May. The recent drop in iron ore fines CFR China has weighed on bids for Indian pellets. Rationale No…