On March 28, SteelOrbis reported Indian pellet export prices at $103-106/mt FOB India.
Sources inform SteelOrbis that Indian pellet export offers are presently at $107-109/mt FOB, up $4/mt from the bottom of the previous range and $3/mt from the top of the same range. A source noted the concern that softer global iron ore prices could put downward pressure on Indian pellet export prices.