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 80-85/MT, CFR India. Current offers for Fe 63% pellets are at INR 6000/MT delivered Kandla up INR 350/MT. A growth of 88% was observed over lump premium prices that were in the beginning of the month as it…