Tag: India Pellet Export
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India: BigMint’s pellet export index drops w-o-w in absence of deals
Domestic realisations better than exports Iron ore spot prices, futures drop post-holidays BigMint’s India pellet (Fe 63%, 3% Al) export index (FOB east coast) inched down w-o-w by around $2.5/tonne (t) to $103.5/t on 15 May, 2024. The export market remained sluggish in the last one week following sluggish buying interest post-Labour day holidays. Meanwhile,…