Tag: India Pellet Export Offers

SteelMint’s pellet index (FoB east coast India) has increased by $3/t w-o-w to $109/t on Wednesday (i.e 12th Aug) tracking gains in China spot iron ore prices. However, Chinese buying interest is muted for Indian pellet, as mills are stepping up proportion of fines in the furnace burden. Pellet inventory at major Chinese ports has…