Tag: India pellet export index
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SteelMint: India pellet export index rises, non-Chinese inquiries pick-up
SteelMint’s India pellet (Fe 63%, 3% Al) export index (FOB east coast) stands at $155.5/t, up by $2.5/t w-o-w. Chinese buying interest has not remained aggressive. However, buying inquiries from the EU have increased significantly post-ongoing trade tensions. Rationale No deal was reported so far this week, hence, not taken into price calculation under T1…