Tag: India pellet export index

India’s pellet (Fe 63%, 3% Al) export index (FoB east coast) decrease $4/t w-o-w to $161/t from $165/t on 6 April 2022. Today, the market turned soft with the drop in global iron ore prices. Local mills in China have reached their break-even point following the increase in iron ore/coke prices, and Covid has had…