Tag: India pellet export realizations
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What are Export Realizations for Indian Pellet Producers?
Post Vale disruption, Indian pellet export prices rallied anticipating shortage in seaborne pellet trades. However, market sentiments have turned dull after Chinese New year holidays. Amid shrinking steel margins, Chinese mills are preferring low-grade iron ore and concentrate rather than going for high-grade ore & pellets. They are also preferring port stocks rather than seaborne…