Tag: India Pellet Export Offers

India: BigMint’s pellet export index rises $6/t w-o-w in recent deal

May 22, 2024

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by

Ratiram Gurjar

in Pellets

Indian Sea-borne prices up amid Chinese recovery Iron ore spot prices, futures increase w-o-w BigMint’s India pellet (Fe 63%, 3% Al) export index (FOB east coast) increased w-o-w by around $6/tonne (t) to $109/t on 22 May 2024. Seaborne prices of Indian premium material recovered following improved market fundamentals in the Chinese steel market. An…