Tag: India Pellet Export Offers

India: BigMint’s pellet export index hits over-three-month-low amid Chinese Lunar holiday lull

Feb 7, 2024

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by

Ratiram Gurjar

in Pellets

Lack of buyers due to Lunar holidays Chinese mills go on maintenance shutdown Global iron ore, futures contribute to downtrend BigMint’s India pellet (Fe 63%, 3% Al) export (FOB east coast) index declined by $7/tonne (t) w-o-w to $115/t on 7 February 2024. The index recorded its over three-month low amid sluggish market sentiments in…