SteelMint

Tag: Indian pellet export offers

  • Chinese Mills Further Reduce Bids for Indian Pellets

    Chinese Mills Further Reduce Bids for Indian Pellets

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    by

    Monika Bajaj
    in

    As per market sources report to SteelMint, Chinese mills are heard to have further reduced bids for Indian pellets by around USD 5/MT W-o-W. Bids from Chinese mills are assessed at around USD 105-108/MT, CFR China levels for regular grade pellet with 3% alumina. However, expectations of Indian pellet makers stand at USD 109-110/MT, CFR…