Jindal SAW has decreased pellet offers today. The current offer for Fe 63% pellet stands at INR 10,500/t ($139/t) DAP Kandla against offers at INR 10,750/t ($143/t) seen in mid-Nov’21, SteelMint learnt from sources. A sharp fall in landed pellet offers in other regions of the country along with the drop in import prices of iron ore has resulted in a reduction in offers, SteelMint notes.
Leave a Reply