Tag: Pellet Exports
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SteelMint: India’s pellet export market quiet on falling realisations
SteelMint’s pellet export index (Fe 64%, 3% Al, FoB east coast) declined $4/t, w-o-w, and currently stands at $136/t. The index has fallen to a level which is the lowest in over nine months, as per SteelMint data. These levels were last witnessed towards end-Nov’20. Pellet prices continued declining during the week amid subdued buying…