Tag: SteelMint pellet export index
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SteelMint: India’s pellet export index slides further by $4/t, w-o-w
SteelMint’s pellet export index (Fe 64%, 3% Al, FoB east coast) declined $4/t, w-o-w, and currently stands at $132/t. The index has fallen to a 10-month low, as per SteelMint data. These levels were last witnessed towards early-Nov’20. Pellet prices and buying interest continued to remain on the lower side due to falling Chinese demand.…