Tag: India Pellet Export Offers
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Indian pellet export price index falls by $2.5/t on rising inventories at Chinese ports
SteelMint’s pellet index (FoB east cost India) was down by $2.5/t w-o-w to $103.5/t on Wednesday as buying interest from China on increasing portside stocks. The previous assessment was done on 15 Jul at $106/t. Pellet inventory at major Chinese ports increased to 9.1 mn t at the end of last week against 8.7 mn…