India: PELLEX falls to 6-mth low in recent trades at lower offers
Raipur pellet offers drop by INR 200/t today. Active deals recorded from buyers. Subdued export market weighed on offers.
Mar 07, 2024 10:00
India: Pellet export index falls to over 2-m low in absence of firm bids
SteelMint pellet export index falls by $5 w-o-w. Global iron ore prices and Chinese futures exhibit drop. High production cost, and lower selling prices impact Indian pellet players.
Jan 22, 2024 08:30
India: SteelMint's pellet export index rises to 1.5-year high
SteelMint's India pellet (Fe 63%, 3% Al) export (FOB east coast) index increased by $3/t w-o-w to $128/t on 15 November, 2023. The pellet export index has increased to 1.5-year high, it was last seen at this rate in May 2022. One deal of 60,000 t of pellets was recorded
Nov 17, 2023 08:30
India's pellet production rises 7% in FY23
Mills expand pellet usage with eye on decarbonisation. Capacities, production likely to increase on increased backward integration.
Apr 28, 2023 08:30
India: pellet production hits 10-m high as exports regain momentum
Production rises 3% m-o-m to 7.2 mnt in Jan. AM/NS, JSW top producers at 1 mnt each. Jan pellet exports edge up by 12% to nearly 1 mnt.
Feb 28, 2023 08:30
India's pellet production rises 2% in CY22
Merchant production falls 4% y-o-y on export duty impact. Around 35% of total production used in BF route, rest by sponge sector. Country's pellet capacity to increase to 130 mnt in near term.
Jan 16, 2023 10:00
India's pellets exports slows down on limited Chinese buying
India's pellet export trade has slowed down against last week, despite the index witnessing slight improvement. SteelMint's India pellets (Fe 63%, 3% Al) export index, FOB east coast, was recorded at $106/t, up by $3/t w-o-w.
Dec 09, 2022 08:30
India's pellet production falls in H1FY'23 on export duty blow
September output falls nearly 10% m-o-m. Consistent output recorded by the primary steel producers. Merchant producers seek out alternative markets. Exports drop 60% y-o-y in H1FY'23.
Oct 31, 2022 08:30
India: Pellet trade volumes jump 75% m-o-m in Sep on lower offers
India's domestic pellets market saw a significant 75% m-o-m rise in trade volumes to 745,400 tonnes (t) in September compared to 425,400 t in August, as per SteelMint data.
Oct 24, 2022 10:00
PELLEX falls to over 3-month low on subdued trade, lower bids
SteelMint's bi-weekly domestic pellet (Fe 63%) index, PELLEX, stood at INR 8,000/tonne (t) down by INR 150/t compared to the last assessment on 14 October, 2022. The index fell to over three-month low as per data maintained with SteelMint. Lack of deals and competitive lumps offer from nearby states
Oct 20, 2022 08:30
Iron ore pellet prices: China's major cities