SteelMint

Tag: India pellet export index

  • Indian pellet export index remains range-bound on inactive market

    Indian pellet export index remains range-bound on inactive market

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    by

    Indranath Jha
    in

    SteelMint’s pellet export index (FOB east coast India) remained largely stable this week. Index stood at $136/t on 25th Nov’20. Indian pellet makers have not been offering material for exports since past few weeks, considering higher realizations in domestic market. Chinese steel mills are heard to be preferring lump over pellets considering its cost-effectiveness over…