An eastern India-based pellet maker has concluded an export deal for 50,000 t of pellets (Fe 63%, 3-4% Al). The deal was heard concluded at around $153/t CFR, sources confirmed. India’s pellet export shipments dropped in Nov’21 amid weak demand from China and lower realisations. Shipments declined sharply by 36%, m-o-m, to 0.17 mn t compared to 0.26 mn t in Oct.
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