Tag: sponge iron demand pellets India

India: Gujarat-based steelmakers book 350,000 t of iron ore lumps from South Africa

Apr 28, 2026

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by

Adarsh Sahu

in Fines/Lumps

Buyers diversify sourcing amid Middle East supply disruptions Higher domestic pellet prices push steelmakers towards imports Around 350,000 tonnes (t) of imported iron ore lumps have been booked over the past week, sourced from South Africa at around $118-120/t CFR, as per data maintained by BigMint. As per sources, the material, largely Fe 65% grade…