Tag: Indian Pellet Export
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Indian pellet export shipments drop 7% in Jul’20
Indian pellet export shipments fell by 7% m-o-m in Jul’20 at 1.67 mn t, amid easing Brazilian supplies post resumption of Vale’s Itabira Complex in Brazil and Teluk Rubiah terminal in Malaysia. Heightened tension between India and China kept Chinese buying interest low in early Jul’20. On the other hand, tight availability and high domestic…