Tag: India pellet export index
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SteelMint: India pellet export index falls marginally on less firm bids
A steep fall in spot iron ore prices in China amidst the decline in futures prices have weighed down Indian pellet export prices. SteelMint’s India pellet (Fe 63%, 3% Al) export index (FOB east coast) stands at $153/t. Not many traders and Chinese buyers were active in the market in the last one week, sources…