Tag: BRPL Pellet Export Deal
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Indian pellet producer concludes 55,000 t export deal to China
An eastern India-based pellet producer has concluded an export deal for 55,000 t of pellets (63% Fe, 3.5% Al). The deal was heard concluded at around $164/t CFR China for May shipment, sources confirmed. Prices have remained rangebound against the beginning of the week. The prospect of Chinese steel production cuts amid surging COVID-19 cases…