Tag: India pellet export index
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Indian pellet export index drops to 1.5 month low on demand-supply mismatch
SteelMint’s weekly pellet export index (FOB east coast India) has dropped sharply by $19/t w-o-w to $175/t just after hitting all-time high $196/t two week’s ago. Prices have hit 1.5 month low as per data maintained with SteelMint. Pellet export prices fell significantly owing to increased number of offers from India post budget announcement. Indian…