Indian producer concludes 50,000 t high-grade pellet export deal
An Indian pellet-maker concluded a 50,000 t pellet (Fe 65%, 7% Al2O3 and SiO2) export deal via tender recently, sources informed BigMint. Seaborne buyers expressed interest in the low-alumina material, with the deal reportedly concluded at $121-122/t FOB India. Meanwhile, another seller has offered Fe 62-63% export cargoes in the seaborne market, but transactions are yet to materialise due to muted buying interest.
