Tag: India pellet export index
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India: Pellet export market quiet in absence of firm bids, lower realizations
India’s pellet export market has continued to remain inactive for yet another week despite higher global prices & rise in iron ore futures. SteelMint’s India pellet (Fe 63%, 3% Al) export index (FOB east coast) stands at $152/t, increased by $4/t w-o-w. Rationale No deal was reported so far this week, hence, not taken into…