Jindal SAW Ltd. has decreased pellet offers further by INR 1,000/t ($14) on 26 Sep’21. The current offer for Fe 63% pellet stands at INR 11,500/t DAP Kandla, SteelMint learnt from sources. A sharp fall in landed pellet offers in eastern India and imported iron ore lump prices – due to declining global iron ore prices – have resulted in a reduction in offers by producers.
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