Latest news on the China Pellet market

India: PELLEX remains stable amid moderate buying interest

Pellet offers from Raipur, Odisha stable. Sponge PDRI, billet prices drop w-o-w.

India: Pellet exports drop 25% y-o-y in CY'24 on strong domestic demand, declining Chinese steel output

Shipments fall to 8.11 mnt in CY'24. Chinese demand takes a beating as steel output drops.

India: Pellet export prices up $7/t w-o-w on decent seaborne demand

Domestic-export margin shrinks in last few days. Chinese portside pellet inventory drops w-o-w.

India: Pellet export index rebounds w-o-w, but deals elude

Chinese portside pellet inventories drop w-o-w. Domestic prices exceed export offers by INR 1,700/t.

India's pellet production rises over 10% y-o-y in Apr-Sep

Pellet output reaches over 52 mnt in H1FY'25. Odisha emerges as top producing state. Integrated steel mills raising consumption in major way.

India: Pellet export index falls $5/t w-o- w amid downtrend in global iron ore prices

Domestic and export realisation gap continues to widen. Weak buying interest from Chinese mills for seaborne pellets.

India: Domestic pellet trade surges as demand picks up post-monsoon

Sponge iron, finished steel prices recover. Weak export demand boosts domestic trade.

India: Pellet export index inches down w-o-w in sluggish market

Global iron ore fines prices remain under pressure. Deals from India stay subdued on falling margins. Buyers are in wait-and-watch mode amid low bids.

India: Pellet export index rises $9/t on improved trades

Seaborne pellet prices head north. Global iron ore fines prices exceed $100/t. Export realisation gap narrows to $4-5/t.

India: PELLEX drops to over 2-m low following price cuts by local producers

Raipur pellet offers fall INR 800/t ($10/t) recently, deals subdued. Landed offers from Odisha also drop. Sponge, finished steel prices drop INR 1,400-2,500/t ($17-30/t) w-o-w.