Jindal SAW hiked its pellet (Fe 63%) offers by INR 250/t ($3/t) to INR 10,250/t ($119/t) DAP Kandla on 22 Jul’25, with no trades reported at fresh offers. Prices were raised following recent increases in domestic and global iron ore prices. Chinese Fe 62% iron ore fines spot prices rose by $8/t over the last two weeks to $103/t CFR on 21 Jul’25.
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