Tag: India pellet export index
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SteelMint: India’s pellet exports index falls on lack of firm bids
SteelMint’s India pellet (Fe 63%, 3% Al) export index (FOB east coast) stands at $160/t, lower by $12/t w-o-w. Chinese buying interest weakened after a significant drop in global iron ore prices seen in the past two days. Not many traders and Chinese buyers were active due to rising Covid cases in the last one…