Tag: Indian pellet export index
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SteelMint: India’s pellet export index surges on reopening of Chinese market
SteelMint’s India pellet (Fe 63%, 3% Al) export index FOB east coast was recorded at $126/t, up by $8/t w-o-w. Prices increased following the return of Chinese market participants from the Lunar New Year holidays. Trading was observed to be active in China. After the Lunar New Year holidays, most steel mills began purchasing cargoes.…