Tag: India Pellet Export Offers

SteelMint: Indian pellet export index falls by $27/t w-o-w following decline in Chinese futures

May 19, 2021

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by

Indranath Jha

in Pellets

Bids for Indian pellet exports have dropped sharply this week owing to sharp decline in Chinese iron ore & steel futures. SteelMint’s Indian pellet export index (Fe 64% 3% Al, FoB east coast) has recorded a sharp drop of around $27/t w-o-w and stands at $216/t on uncertain market outlook amid a plunge in Chinese…