Tag: India Pellet Exports
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Will Softening Global Iron ore Prices Lower Indian Pellet Export Offers?
Spot iron ore prices in China have observed downtrend this week. Fe 62% fines index which closed at USD 95.8/MT, CFR China on 12th Apr’19 fell and stood at USD 92.5/MT, CFR China yesterday. Thus a fall of 4% is evident. SteelMint in conversation with major Indian pellet makers learned that they are eyeing for…