An Indian pellets producer has concluded an export deal for 55,000 t (Fe 64%, 7% SiO2+Al2O3) on 22 Feb’23. According to sources, the deal was concluded at around $136-138/t FOB. Indian pellets export prices increased on the back of hike in global iron ore prices. It happened because the real estate market is expected to rebound with the help of more stimulative policies.
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