India: Jindal SAW hikes pellet offer by INR 750 ($10)

Jindal SAW Ltd has raised its pellet offer by INR 750/t. Current offer for Fe 63% grade pellets stands at INR 15,250/t DAP Kandla, SteelMint learned from sources. Prior to this, they had raised pellet offer to INR 14,500/t towards end of last week and received some bookings too. The company has a pellet plant of capacity 1.2 mn t pa in Bhilwara and is a key source of raw material to Gujarat-based plants.


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