SteelMint

Tag: Indian pellet exports

  • Indian Pellet Exports Surge 68% on Strong Chinese Demand

    Indian Pellet Exports Surge 68% on Strong Chinese Demand

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    by

    Indranath Jha
    in

    According to the customs data maintained with SteelMint, Indian pellet exports have seen a marked rise of 68% Y-o-Y to 9.68 MnT as against 5.79 MnT in CY’16. Why Indian Pellet Exports Jumped Sharply ? 1. Reduced supplies post-Samarco disruption – Chinese buyers shifted pellet demand to Indian cargoes post-Samarco disruption(Brazil).It is to be noted…