Jindal SAW has decreased pellet (Fe63%) offers by INR 400/t ($5/t) to INR 11,800/t ($141/t) DAP Kandla on 6 Jun’24; however, deals are yet to be concluded at revised offers. Iron ore (Fe62%) fines spot prices fell significantly by $13/t w-o-w to $106/t CFR China on 5 Jun amid weak sentiments in the Chinese market.
