On September 6, SteelOrbis reported Indian pellet export offers prices up on active deals along with strength in the Indian domestic pellet market. Prices were reportedly firm at $143-148/mt FOB.
According to market sources, the price faced a slight correction in the second week of September to $139-141/m FOB. Prices declined $4/mt from the bottom of the previous range and $7/mt from the top of the range. The price range has reportedly remained stable for the past two weeks.