Tag: Indian Pellet Export
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India: Pellet export index rises $11/t on recovery in global iron ore prices
SteelMint’s India pellet export index (Fe 64%, 3% Al, FOB east coast) increased by $11/t, w-o-w, to $133/t. Rising global spot iron ore prices have pushed pellet export offers higher. Several Chinese sources are of the view that pellet prices will remain supported on tight pellet supply in China. The power cuts in that country…