Tag: Pellet Export
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India: Pellet export index drops $8/t w-o-w on bid-offer imbalance
SteelMint’s pellet export index (Fe 64%, 3% Al, FoB east coast) declined $8/t w-o-w and currently stands at $148/t. The index has fallen to a level which is the lowest in over eight months, as per SteelMint data. Price disparities in offers from Indian players and bids/indications from traders continue to keep the market quiet.…