Tag: Indian pellet export index
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Indian pellet export price increases sharply on strong Chinese buying interest
SteelMint’s pellet index (FoB east cost India) increased by $7/t w-o-w to $106/t on Wednesday as buying interest picked up. The previous assessment was done on 8 Jul at $99/t. A strong buying interest from China and an increase in CFR China spot 62% fines prices, which was closed yesterday at 1-year high of $112.4/t,…