Tag: Pellet export index
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SteelMint: India’s pellet export index falls as China demand dries up
SteelMint’s India pellet export index (Fe 64%, 3% Al, FOB east coast) has fallen marginally by $5/t, w-o-w, to $142/t. The pellet exports market continues to remain dull for the week as market sources reported increased usage of iron ore lumps in China. Several sources said that the winter sintering controls were boosting lump demand…