Jindal SAW has decreased pellet offers today. The current offer for Fe 63% pellet stands at INR 10,750/t ($145/t) DAP Kandla against offers at INR 13,500/t seen in mid–Oct’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.
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