Tag: SteelMint Morning Brief
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India’s pellet export prices drop to 8-month low. Will domestic offers be impacted?
India’s pellet exporters are under pressure as prices have fallen to an eight-month low in Aug’21. Shipments also fell 12% m-o-m in Jul’21 to 1.19 million tonnes (mn t). Importantly, export realisations too have declined sharply. Global fines Fe 62% index have dropped to $160/tonne (t) tipping off from over $220/t levels touched in early…