Tag: India domestic pellet trades july
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India: Pellet trade rises over 40% m-o-m in Jul’25 amid strong domestic demand
Monsoon tightens iron ore supply, boosting pellet trades Sponge iron prices increase by INR 300-1,000/t m-o-m India’s domestic pellet market witnessed a significant 43% surge in trading activity in July 2025, with total recorded volumes reaching approximately 1.63 million tonnes (mnt), a notable rise from 1.14 mnt in June. The uptick was primarily driven by…