Indian mill concludes 50,000 t pellets export tender

An Indian mill has concluded an export tender for 50,000 t of pellets (Fe62.5%, 8% SiO2+Al2O3) on 19 May'22. The deal was heard concluded at around $145/t FOB, sources confirmed. India's pellets export shipments were recorded at 1.33 mnt in Apr'22, down 10% m-o-m as against 1.48 mnt in Mar, according to vessel line-up data maintained with SteelMint.