KIOCL - a southern India based pellet maker has recently concluded 50,000 MT pellet export deal to China, SteelMint learned from market sources. The deal has been concluded for pellet consisting of Fe 64% and 2% alumina at around USD 98/MT, FoB India for immediate September loading.
News ID: 6462 Publish Date : 2019/09/12
On monthly basis, exports fell 26% to 0.87 MnT in June’19 as against 1.18 MnT a month ago.
News ID: 5086 Publish Date : 2019/07/09
Spot iron ore prices in China have observed downtrend this week. Fe 62% fines index which closed at USD 95.8/MT, CFR China on 12th Apr'19 fell and stood at USD 92.5/MT, CFR China yesterday.
News ID: 4393 Publish Date : 2019/05/02
Post Vale disruption, Indian pellet export prices rallied anticipating shortage in seaborne pellet trades. However, market sentiments have turned dull after Chinese New year holidays. Amid shrinking steel margins, Chinese mills are preferring low-grade iron ore and concentrate rather than going for high-grade ore & pellets.
News ID: 4017 Publish Date : 2019/03/14