Tag: Indian pellet export prices
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Indian pellet export index rises sharply by $8/t, fewer bookings reported
SteelMint’s weekly pellet export index (FOB east coast India) for Fe 64% grade has increased by $8/t w-o-w to $190/t. Although the bid-offer disparity has resulted in thin trades in last one week, but Indian pellet makers and traders are very optimistic about the demand pick-up in China and hike in offers in the upcoming…