Tag: SteelMint pellet export index
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Indian pellet export index increases by $4/t, trades slow down
SteelMint’s weekly pellet export index (FOB east coast India) for Fe 64% grade has increased by $4/t w-o-w to $181/t. Few market sources indicated that iron ore fines buying interest has seen a recovery with potential easing of restrictions announced yesterday which pushed up fines offer. Thus, not aggressive buying interest for pellets was seen…