Around 60,000 t pellet export deal concluded from eastern India

An eastern India-based pellet producer has recently concluded an export deal for 60,000 t of pellets (Fe63%, 8% SiO2+ Al2O3). The deal was heard concluded at around $116-117/t CFR China for Jul’24 shipment, as per sources. India’s pellet exports increased significantly m-o-m to 0.89 mnt in May as against 0.20 mnt in Apr.