Tag: India pellet export index
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SteelMint: India’s pellet exports index falls to over two-month low in absence of firm bids
SteelMint’s India pellet (Fe 63%, 3% Al) export index (FOB east coast) stands at $148/t, lower by $12/t w-o-w. The index has fallen to over two-month low as per data maintained with SteelMint. Chinese pellet buying interest weakened after a significant drop in global iron ore prices seen in the past two days. Not many…