Tag: Indian Pellet Market
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Indian Pellet Exports May Remain Low as Domestic Realizations are High
A recent hike in domestic pellet offers by Indian manufacturers post iron ore price hike has made exports less attractive amid high domestic realizations. Indian pellet export price assessment stands around USD 117-118/MT CFR China. This is equivalent to USD 107-108/MT FoB which is equivalent to INR 5,200-5,300/MT (loaded to wagons basis) in Barbil (Odisha).…