Tag: India pellet export outlook
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India: BigMint pellet export index drops to over three-month low
Seasonal slowdown in China limited aggressive pellet buying Rising coking coal prices squeezed steel mill margins BigMint’s India pellet (Fe 63%, 3-3.5% Al) export index slipped by $1.5/t w-o-w to $97.5/t FOB east coast on 1 July 2026, with pellet prices continuing to stay under pressure amid weakness in the seaborne iron ore market. Index…