Indian pellet export market continues to remain inactive

India’s pellet export market remains silent as buying interest from China waned. The drop in iron ore and steel futures dampened pellet buying sentiments. Meanwhile, an Indian mill had floated a tender last week for empanelled customers. India’s pellets export shipments plunged to 0.08 mnt in Jun’22 as against 1.06 mnt in May’22, according to vessel line-up data maintained with SteelMint.