Tag: Indian pellet export index
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SteelMint: India’s pellet export index rises following hike in global iron ore prices
India’s pellet export trade has improved following the export duty withdrawal by the Indian government last week. SteelMint’s India pellet (Fe 63%, 3% Al) export index, FOB east coast, was recorded at $103/t, up by $2/t w-o-w. Market participants seemed to be awaiting tender outcomes for further clarity on prices. However, the index seemed to…