Tag: Iron Ore Pellets

On 27 Jan, 2014, after Indian Government imposed a 5% duty on export of Pellets , margins from overseas sale have squeezed by INR 500/MT. Though, domestic Pellet prices are unchanged at INR 7,450/MT (ex works Barbil & Jharsuguda) and there is no immediate impact of duty, a downward trend in prices is expected in…