Tag: Indian pellet export index
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SteelMint: India’s pellet export index surges on active trades of 100,000 t
India’s pellets export trade has improved over the previous week on active trades. SteelMint’s India pellets (Fe 63%, 3% Al) export index, FOB east coast, was recorded at $117/t, up by $8/t w-o-w. Participants on the Indian side expressed optimism about a recovery in Chinese demand for Indian pellets amidst restocking needs ahead of the…