India: Pellet export prices rise $2/t w-o-w as market regains momentum

Source: BigMint Jul 17, 2026 08:41

Lower inventories at port-side allowed short-term restocking. Greater export realisations attract sellers to turn overseas

India pellet (Fe 63%, 3-3.5% Al2O3) export index increased by $2/t w-o-w to $103/t FOB east coast on 15 July 2026, supported by improving export trade and stronger deal activity. Although steel demand in China remained seasonally weak, mills increased purchases of Indian pellets as lump premiums crossed 20$/dmtu, reducing

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