India: Odisha-based pellet maker concludes 75,000 t export deal to China
An Odisha-based pellet producer recently finalised an export deal for 75,000 t of pellets (Fe62%, 8% SiO2+ Al2O3). The deal was reportedly concluded at around $120/t CFR China for the July shipment. Decent pellet exports from India was observed this week due to increased demand from Chinese mills and higher lump premiums supporting trades.