An India-based pellet maker concluded an export deal for 50,000 t of material (Fe63%, 2.5% alumina) through a tender yesterday. The deal was heard closed at around $101-102/t FOB India, as per sources. Last week, an export deal for 50,000 t of pellets (Fe61%, 2.5% alumina) was concluded at around $93-94/t FOB India.
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