Tag: India pellet export index
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SteelMint: India pellet export index falls on declining global iron ore prices
A steep fall in spot iron ore prices in China amidst the decline in futures prices have pushed Indian pellet export prices lower. SteelMint’s India pellet (Fe 63%, 3% Al) export index (FOB east coast) stands at $156/t. Some sources informed that an eastern India-based player concluded an export tender at a premium of $38-40/t…