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14 Mar
16:00

India ore exports to China shift to pellet

Indian iron ore exports to China will shift increasingly to pellet as the world’s largest steelmaking country is moving from using fines to pellet due to environmental pressure, according to Care Ratings. Overall Indian pellet exports are seen at 8-9 million tonnes in the fiscal year through March 2019, with China the largest buyer. Growing Indian steel demand is likely to spur demand for domestic iron ore. The increased requirement is expected to be met w…
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