Tag: seaborne pellet trade

An India-based pellet maker recently concluded an export deal for 50,000 t of material (Fe63%, Al2O3+SiO2: 8%) through a tender scheduled today. The deal was heard concluded at $109-109.5/t FOB India, as per sources. Meanwhile, a couple of days back, a 50,000-t deal (Fe61%) was reportedly closed at $102.5-103/t FOB India. Strong macroeconomic sentiment in…