Author: Sunil M Parkhe
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India: Jindal SAW Increase Pellet Offers over Higher Imported Lump Offers
Jindal SAW raised pellet offers over hike in lump premium which made imported lump costlier. Presently it should be around USD 75-80/MT, CFR India. Current offers for Fe 63% pellets are at INR 5650/MT delivered Kandla up INR 200/MT. A growth of 48% was observed over four weeks lump premium prices as it stood at…