Tag: India pellet export index
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SteelMint: India pellet export index inches down during Chinese New Year holidays
India’s pellet (Fe 64%, 3% Al) export index (FOB east coast) has fallen marginally by $3/t to $163/t compared to $166/t on 29 Jan’22. The pellet export market remained silent after witnessing active trades last week in the absence of bids from China during the prevailing CNY holidays. Rationale: No deal was reported this week…