Tag: Pellet export from east coast
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Indian pellet export market turns silent as ferrous futures plunge, index falls by $8/t
SteelMint’s weekly pellet export index (FOB east coast India) for Fe 64% grade has decreased sharply by $8/t w-o-w to $177/t. Owing to a sharp fall in iron ore futures market seen yesterday, and uncertainty amid environmental restrictions, the Indian pellet export market turned quiet with few exporters withdrawing their offers. “There are no firm…