Tag: India pellet exports index
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Indian pellet export price index tracks gains in Fe 62% fines index
SteelMint’s pellet index (FoB east cost India) has increased sharply by $6/t w-o-w to $106/t on Wednesday (i.e 05th Aug) amid hike in China spot iron ore prices for Fe 62% fines yesterday to $118/t, CFR China against $107/t, CFR China a week before. However, Chinese buying interest is fewer for Indian pellets amid strong…