Jindal SAW resumed its pellet (Fe63%) offers at INR 10,600/t ($124/t) DAP Kandla on 18 Apr’25, reducing them by INR 300/t ($3.5/t). Offers were on hold due to maintenance, and following resumption, deals for around 10,000 t were concluded at the fresh offers. Reportedly, competitive prices of imported pellets from the Middle East and the recent drop in semi-finished tags led to Jindal’s reduced offers.
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