Tag: India Pellet Export
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SteelMint: India’s pellet export index falls to 9-month low on weak China demand
SteelMint’s pellet export index (Fe 64%, 3% Al, FoB east coast) declined $8/t w-o-w and currently stands at $140/t. The index has fallen to a level which is the lowest in nine months, as per SteelMint data. The weakness in seaborne iron ore pellet prices continued on subdued buying interest from China. Chinese steel mills…