Jindal SAW has dropped pellet (Fe63%) offers by INR 300/t ($4/t) to INR 11,200/t ($135/t) DAP Kandla today. The buyers booked 15,000 t of pellets at new offers. The pellet offers fell as iron ore (Fe 62%) fines spot prices declined by $2.35/t d-o-d to $116.65/t CFR China towards end of last week.
